After 1.5 days of trending downwards within our parallel channel, we finally start to see the price slow down near our 0.618 Fibonacci retracement level where we might consider opening a long position. My bullish bias will be confirmed if we manage to finally see a solid break and close above our channel as seen on the chart.
Manually executed long with a 60 PIP stop loss and a solid 1:3 RR ratio until TP.
This is NOT a financial advice, trade at your own risk.
Manually executed long with a 60 PIP stop loss and a solid 1:3 RR ratio until TP.
This is NOT a financial advice, trade at your own risk.
Trade active:
Looking good, trade currently running at breakeven!