We can see strong level of resistance 1.13048 which is also 0.382 fib of previous wave will be our SL (+10pips). TP1 is 0.618 fib which is also the level that affects the trend. If the trend breaks through it, TP2 will be 1.11967, next level. Trade with care.
Comments
plezar
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New strong level has been occured by the gap, now trading rules are much simplier: sell high, buy low when you see that trend isnt going to break any of levels highlighted with yellow rectangulars. If it is, sell or by breakout depending on from which way the breakout has been done.
New strong level has been occured by the gap, now trading rules are much simplier: sell high, buy low when you see that trend isnt going to break any of levels highlighted with yellow rectangulars. If it is, sell or by breakout depending on from which way the breakout has been done.