Price is very bullish but is in overbought territory
It has also hit the Fib level of 1.618% and probably due a retracement to structure highlighted in yellow.
Stop loss is about 12 pips in case it changes its mind and continues on the up
It has also hit the Fib level of 1.618% and probably due a retracement to structure highlighted in yellow.
Stop loss is about 12 pips in case it changes its mind and continues on the up
Comment:
Please use good risk management. 12 pips is nothing
Trade closed: stop reached