Description
⋅ -So we have come up to the 38.2 Fib retrace, however looks like a bullish engulfing bar with a very strong bullish candle to follow.
- tradingview.com/e/wf4egaNu/ - US dollar chart showing us the potential beginning of a move below a very strong point of support.
- If we break above the 38.2 fib line I will add to my long positions. Setting a tight stop loss for current long.
Can u define tight stop?Just curios :)