Hi Traders
I have a short set up on the Pound Dollar, looks like price is willing to retest previous support i honestly don't think it will have a highly aggressive retest, im looking as much as the 61.8 fib level as an area of interest or the 50 fib which is the exact place i entered a short position,we have been getting some indecision around this area of 1.31800, on the daily we are currently approuching a meaningful support level where price will decide to either break through or reject,
Risk Reward 2.59
Enjoy the rest of your trading week guys
I have a short set up on the Pound Dollar, looks like price is willing to retest previous support i honestly don't think it will have a highly aggressive retest, im looking as much as the 61.8 fib level as an area of interest or the 50 fib which is the exact place i entered a short position,we have been getting some indecision around this area of 1.31800, on the daily we are currently approuching a meaningful support level where price will decide to either break through or reject,
Risk Reward 2.59
Enjoy the rest of your trading week guys
Trade closed: stop reached