In the first scenario (red line): we expect the price to increase and enter the position by activating the sell limit.
Sell Entry:160.947
SL:161.328
TP:159.047
The second scenario is the (green line):
In Fib POI we can look for buy positions
Sell Entry:160.947
SL:161.328
TP:159.047
The second scenario is the (green line):
In Fib POI we can look for buy positions
Trade active:
Position activated
Trade closed: stop reached