trend continuation trade

hey traders,

this Monday I want to focus your attention on a purely structure-based trade.
As we see, oh hourly time frame market is very bearish, so I am looking for opportunities to follow the trend,
now, as the market established new local low 1.298 we see a steady retracement to the previous level of structure,
adding 618 fib retracement we can identify our potential reversal zone.

Personally, I sold the retest of 618,
initial target is based on the market local low.

stops go above 1.3078

good luck!

Comment:

going down

Comment:

retest of 618