After making new highs last week Aussie Kiwi retrace lower breaking 4h structure( lower low lower close).
Now price is pulling back into the "the zone" presenting a good opportunity to sell the pair.
I placed a sell stop order targeting a fib cycle completion on the 4h at the 1.618 ext
Now price is pulling back into the "the zone" presenting a good opportunity to sell the pair.
I placed a sell stop order targeting a fib cycle completion on the 4h at the 1.618 ext
Trade closed: target reached:
Some patiency and price reach target