-Price entering M resistance zone
-Always wait for good reversal before you enter this trade
-Use fib levels to set targets
-2% capital risk above resistance level.
Trade your strategy, this is just an idea how i look for my trades setup.
Thanks!
-Always wait for good reversal before you enter this trade
-Use fib levels to set targets
-2% capital risk above resistance level.
Trade your strategy, this is just an idea how i look for my trades setup.
Thanks!
Note
wait for more, small correction to the upside is possible.Note
still running smooth, selling pull backs (Y)Note
Intial target was fib .50, can be extended to 618 (1.2438)Trade closed: target reached
closed all positions at 1.28
Related publications
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.
Related publications
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.