❌ Do not risk more than 1 % of your account on each trade
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Description:
The price was in a clear selloff and faced a daily support (0.00821) and showed an inverse head and shoulders which indicates a potential reversal from a downward movement to an upward one. We have a confluence zone between the 61.8% Fibonacci retracement level (0.007591) and the daily support that might lead to a reversal. Currently, we are expecting a move upwards to the 0.010920 mark. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️