We want to see the market on an H4 timeframe retrace to the 1.74 which is perfectly on confluence with the 0.618 FIB retracement and the previous support. We will monitor price action around this area and if everything remains bullish we will enter a new long position with a nice 1/3.5RR.
I hope you enjoyed this analysis , like and share. I linked the previous analysis for further references. If you have a different opinion please share it with us in the comment area below. Have a nice trading day.
I hope you enjoyed this analysis , like and share. I linked the previous analysis for further references. If you have a different opinion please share it with us in the comment area below. Have a nice trading day.
Trade closed: target reached
