I see potential order block at 3.28
It should be a perfect buying opportunity with stop loss at 3.07
Reason;
I usually use Fib retracement as my basic strategy as well as support and resistance. I see a perfect retracement on golden zone 61.8 that is 3.29 which also aligns with the order block. Take profits are just truly based on inverse FIBS
Stop loss is set at 3.07 as it will break 78.6 on FIBS.
Keep you short loss small and profits big
This trade is 1:14 risk to reward ratio.
This is not financial advice. Invest only what you are prepared to lose and do not predict the movements, READ the charts.
Best wishes,
Zaki
It should be a perfect buying opportunity with stop loss at 3.07
Reason;
I usually use Fib retracement as my basic strategy as well as support and resistance. I see a perfect retracement on golden zone 61.8 that is 3.29 which also aligns with the order block. Take profits are just truly based on inverse FIBS
Stop loss is set at 3.07 as it will break 78.6 on FIBS.
Keep you short loss small and profits big
This trade is 1:14 risk to reward ratio.
This is not financial advice. Invest only what you are prepared to lose and do not predict the movements, READ the charts.
Best wishes,
Zaki
Trade active:
Trade is active. Although there was a liquidity grab observed which might have wiped out few stop losses but it was in my order block region. lets see where this trade takes us.
Best wishes and do follow and like for more.
Best wishes and do follow and like for more.