X2C Fib Retracement of .786 @ 99.277
B2A Fib Retracement of 1.272 @ 99.287
eNTRY @ B2A fR of 1.414 @ 99.348 GIVES a better Risk to Reward Ratio but in choosing so ONE may miss the trade.
Will just watch this one as i cant find any clues looking to the left of the chart, or any trend line or any other factors to make a case for entry.
X2C Fib Retracement of .786 @ 119.287
B2A Fib Retracement of 1.272 @ 119.276
But planning to enter @ X2C fR of .886 @ 119.355 to get a better Risk to Reward Ratio but in choosing so I may miss the trade.
One of the Reasons for entry- RSI oversold
1. The trade will be to sell and in the direction of the downtrend.
2. Lots of noise in the area left of X & its in the same zone where I am expecting the pattern to complete @ D.
X2C Fib Retracement of .786 @ 0.72514
B2A Fib Retracement of 1.272 @ 0.72435
But planning to enter @ X2C fR of .886 @ 0.72603 to get a better Risk to Reward Ratio but in choosing so I...
X2C Fib Retracement of .786 @ 1.47717
B2A Fib Retracement of 1.272 @ 1.47705
But planning to enter @ X2C fR of .886 @ 1.47626 to get a better Risk to Reward Ratio
X2A Fib Retracement of .786 @ 1.08156
B2A Fib Retracement of 1.272 @ 1.0853
For Take Profit I have not included the spread which should be accounted for, or else price may miss the TP target
Zone around X has been tested twice before to the left of X & acted as resistance. Therefore, expecting that the price will come to test the same zone of X @ 131.408 where I expect to short or my point of entry
131.408 of X is as per my broker.
