D: Uptrend, price hit -61.8% and reversed + bearish divergence
4: Downtrend, price retraced 78.6%, hit -61.8%
1: Downtrend, price retraced 61.8%, hit -61.8% and reversed for the buy
CURRENTLY:
I'm looking to see if price will respect the upward trendline and continue long to -27% on minor structure fib, near previous support and 4h trendline
~100 pips
Minor FIB Exits
TP1 @ 0%
TP2 @ -27%
TP3 @ -61.8 (possible swing)
4: Downtrend, price retraced 78.6%, hit -61.8%
1: Downtrend, price retraced 61.8%, hit -61.8% and reversed for the buy
CURRENTLY:
I'm looking to see if price will respect the upward trendline and continue long to -27% on minor structure fib, near previous support and 4h trendline
~100 pips
Minor FIB Exits
TP1 @ 0%
TP2 @ -27%
TP3 @ -61.8 (possible swing)
Trade active:
I took a new position on minor structure when I saw price come back to 1H trendline and took some profits on minor FIB.
Now at breack even from original trade.
Now at breack even from original trade.
Trade closed: target reached:
Finaly hit TP1 and TP2! I got out and cancelled for TP3 when it made a lower high