Anticipating trend continuation after high 2 formation at fib retrachment
Long into 1.1750 (measured mover and also fib retrachement)
(It is dissucable if this is high 1 or high 2)
Traders equation= 0,6x19 - 0,4 x 14 = 5,8 pips
Long into 1.1750 (measured mover and also fib retrachement)
(It is dissucable if this is high 1 or high 2)
Traders equation= 0,6x19 - 0,4 x 14 = 5,8 pips