Two possible long fibonacci trades (EURGBP 1h) Long

Euro Fx/British PoundFXCM

Description

⋅ Apr 4, 2016 9:54 AM

Buying the .618 retracement for a more aggresive entry or waiting for the .786

The .786 is meeting previous support which now could be resistance so better possibilities and Risk/Reward ratio.

Good luck guys.

Comment

⋅ Apr 4, 2016 12:30 PM

whoops, meant .786 meeting previous resistance which could no be support :D