Price pushed up and made a level of resistance then pulled back into my golden zone, I took my entry off the bullish candle closing able the previous bearish candle
EURUSD broke market structure and is retracing upwards to my golden fib zone. I believe it will push high enough to clear some low stop losses before continuing its way to the downside.
GN has finally broken below market structure and will be retracing up before continuing its way to the downside, I am hoping for it to retrace between my 50-61.8 zone on the Fibonacci for my perfect entry and then ride it back down to the new low it created.
After seeing a divergence in my RSI calling for a price reversal, I saw that a lower high was made and used my Fibonacci to prepare my entry for the trade. I then set the stop loss to just above the previous high and TP to the bottom of the support.
