GU Long
Updated
D: Downtrend, Retraced 50% and hit -61.8
4H: Downtrend. Retraced 50% and passed -61.8
1H: Downtrend. Retraced 61.% and passed -61.8 on 1H FIB. RSI is bearish
CURRENTLY:
Because of the consolidation over the last few hours, I'm looking to see if price comes back to retest previous support and break minor trendline and go long to minor structure trendline @ -61.8 on minor FIB
~ 60 pips
4H: Downtrend. Retraced 50% and passed -61.8
1H: Downtrend. Retraced 61.% and passed -61.8 on 1H FIB. RSI is bearish
CURRENTLY:
Because of the consolidation over the last few hours, I'm looking to see if price comes back to retest previous support and break minor trendline and go long to minor structure trendline @ -61.8 on minor FIB
~ 60 pips
Trade closed: target reached
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