Break out and retest with managed risk. 17.08.21 secured 10 pips/ 50% runner
here's a cheeky Buy on BTC using the break and retest strategy.
I only use FIBS when there is a strong trend, lets see how this plays out! last day of the week (16.07.21) need to be careful so manage risk well.
If it maintains market structure and creates a strong bullish candle, the volume of the GU close will push the market up. If it breaks below and retests and maintains new resistance level, a strong bearish candle will indicate sellers entering the market.