Here I've drawn up the fib retracement.
Swing Low to the Swing High.
Retracements are normally more responsive for a stong reversal at .618
Go Long.
Strop Loss would be at the nearest structure which is at . 154.466
I placed my TP at 155.155 because the resistance right their is very strong look to the left and you will see structure.
Swing Low to the Swing High.
Retracements are normally more responsive for a stong reversal at .618
Go Long.
Strop Loss would be at the nearest structure which is at . 154.466
I placed my TP at 155.155 because the resistance right their is very strong look to the left and you will see structure.
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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.