Market reached a Daily resistance zone and This is a a potential supply zone, Looking at a retracement first TP at 38.1 Fib and second TP at 0.75
Trade active
TP1 hitTrade active
TP2 156.500Trade closed: target reached
Market has found area of support and the the retracement was upto 50% which is a good levelNote
Engulfed on H1 with a Abandoned babyDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.