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RugRat
Jun 10, 2020 4:59 AM

EURGBP 50 fib line holding Like the Western Wall  Long

Euro Fx/British PoundFXCM

Description

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Hoping to capitalize on what I said in the title!
What I am doing: See text description in the chart + visual description.
Basically the 50 fib line is strong and I am expecting a rebound to a consolidation zone at the very least. I'm safe so I won't be extending the TP past the consolidation zone.
Risk reward is mouth watering.
Stop loss is set to reduce the risk of being stopped out. Thinking ahead: 🧠
Fibs GoatWay

Comment

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EDIT: this trade did not trigger, but there was a double top.

Comment

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edit 2: ok it wasnt really a double top . I play it safe, and the trade was not triggered. I am unphased. I did not lose anything.
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