Markets overbought and into structure (Look in comments for wider picture) Looking for a small retracement into 111.30's a very small risk high reward trade.
Also looking for a long at the .618 retracement which has acted as a good level of resistance which should now become support.
I will update on how it goes!
Good luck out there
Also looking for a long at the .618 retracement which has acted as a good level of resistance which should now become support.
I will update on how it goes!
Good luck out there
Comment:
1hr is confirming its want to go downside previous structure lines up perfect with .618 for good profit taking and entrance into long position
