I see a trade on this exotic pair. I am highlighting an entry method I use to find entries and exits of sound setup patterns using Japanese Technical Analysis .
1% Risk - 2:1 RR
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See how price has not stopped creeping toward that 50% Fib level. Interesting to see, I have a limit order sitting on that level, allowing the machine to handle the trade, fully emotionally divested.
Trade active
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Price just hit the 50% Fib level, I am in a short now. controlled risk. 1% 2:1 RR