CONSTRUCTIVE CRITICISM WELCOME.
Confluences:
1) 3rd touch of trend line.
2) Rejection of 38.2% fib.
3) Rejection of monthly resistance 1.0050.
Target at daily support.
Confluences:
1) 3rd touch of trend line.
2) Rejection of 38.2% fib.
3) Rejection of monthly resistance 1.0050.
Target at daily support.
Trade closed: stop reached:
Trailed stop to my entry point once price broke 1.00263. Unfortunately price came back to re-test the monthly level and stopped me out at break even.