Nice risk/reward short setup with take profit @ 61.8 Fibs.
Note
If Market misses our sell limit, the entry will be the retest after breakout of the green trend line.Note
You can also entry short now if you want to have a - 44 pips riskTrade active
Note
Our Stop loss is 0.9788, Market went to up 0.97857 then reversed. Trade now is + 20 pips. Let it ride!Note
Trade is + 46 pips right now @ 0.9711. Put the stop loss @ break even. Secure some profit or close it all. For me, I'm going to let ride!Note
Next important level to watch is 0.9675Disclaimer
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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.