Hello everyone i never take a trade based entirely on indicators however here we do have one suggesting shorts. The structure at hands is a reversal channel and we are targeting the 38.2 as our target and stops are roughly 60 pips above the 1.243 high
Comment:
guys channel is breaking as we speak. Look for flag before you consider adding to the position or perhaps getting in if you havent done so already
Trade closed: target reached:
First target hit at 23.8 fib, half position closed second half moved to breakeven
