The 0.618RET of previous drop from 0.775 to 0.732 is at 0.758 level and the 1.618REXT of sub-drop from 0.751 to 0.737 is at 0.760 level.
Meanwhile 0.758-0.760 is also a fresh Supply Zone where also a good resistance.
So it is good to sell at 0.758-0.760 levels when price action gives signals in the PRZ.
SL: above 0.762
TP1: 0.746
TP2: 0.737 and further more
Meanwhile 0.758-0.760 is also a fresh Supply Zone where also a good resistance.
So it is good to sell at 0.758-0.760 levels when price action gives signals in the PRZ.
SL: above 0.762
TP1: 0.746
TP2: 0.737 and further more
Order cancelled:
The price soared and broke out the PRZ.