After just hitting our TP on our short trade, we had a nice quick spike through the 78.6 fib which tells me this is a short term bottom. taking longs here gives us almost a 4:1 trade
Comment
⋅
SL to Breakeven. up +40 PIPS
Comment
⋅
SL was hit at breakeven. Hopefully anyone following this had taken 50% profits off the table. If not, stay tuned for the next setup