Going to play either a momentum long move with a 61.8% retracement, or will be short the market at the 127% extension. Planning to let the market decide where it wants to go and take a good RR. Both trades are over 3:1 risk reward: LONG @ 1.7740 S/L @ 1.7594 TARGET @ 1.8150
SHORT @ 1.8030 S/L @ 1.8105 TARGET @ 1.7820
Komentarz
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Sell zone no longer valid as the price action retraced to the 38.2%. the buy zone is still valid