Here i want to share you this perfect chart fibonnaci construction of the past few days, notice how EU behaved at 61.8% projection after breached this level, and notice as well the 100% resitance after breach. Since EU went str8 to its ultimate low in the projection 200% and did a multiple test, i am expection an outbreak . There is a chance we see an internal pattern long on EU to fib retracement 50%. However, my bias remains short.
Unfortunately, in this idea ive misplaced my stop. The stop should obviously be above the 61.8% fib level mark. instead of beneath the 50% fib level mark.
This was a false placed stop loss. My trade is still active and running.
This was a false placed stop loss. My trade is still active and running.