Hello,
We have a B.F. with good ratios. We have an Entry point just before a Daily Fib .382.
The risk reward is really good.
On the Daily we have a new structure low, telling us that this pair is on a down trend. This is the first retest of a Fib Line.
WARNING: This could retest Structure at the resistance point, at the 50% Fib of the Daily.
But lets see if we can get some pips, managing this trade.
Good luck.
We have a B.F. with good ratios. We have an Entry point just before a Daily Fib .382.
The risk reward is really good.
On the Daily we have a new structure low, telling us that this pair is on a down trend. This is the first retest of a Fib Line.
WARNING: This could retest Structure at the resistance point, at the 50% Fib of the Daily.
But lets see if we can get some pips, managing this trade.
Good luck.