Pair reached a strong resistance on the chart. Has been rejected here multiple times. This market has been ranging for a long time. Big and small triangles on multiple time frames. target is bottom of the range. First profit take at .618 fib.
Dan
Note
reached desired profit ratio, taking half of my trade off the table and gonna let rest run in risk free trade..
PS: this is not a financial advice. simply blog of my ideas I would like a feedback from more experienced traders, and to see how I perform over time)
Also on:
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.