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vio
May 14, 2015 2:14 AM

2015.05.13 19:04 EURUSD 5min CALL Long

Euro Fx/U.S. DollarFXCM

Description

The bearish power was weakened when the price touched Fibo 0.382 (the right fibo) at 19:00-19:02. When a larger bullish candle appeared at 19:03, which passed through my confirmation level, I entered a 5min call right after that.

When the price reached Fibo 1.27 (the left fibo), it was trying to get reversal there. Usually price tends to be uncertain when it hits support/resistance. 5min trade is just enough for me to stay in the money.
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