Market structure has been broke with a lower low.
I will be anticipating a new lower high to form within our 62-886 fib zone.
I will trading into the -27 extenstion once price has provided us with bearish structure on LTF.
Target is right below equal lows and a good R:R of 1:8 should we push that high!
LET ME KNOW YOUR COMMENTS!
I will be anticipating a new lower high to form within our 62-886 fib zone.
I will trading into the -27 extenstion once price has provided us with bearish structure on LTF.
Target is right below equal lows and a good R:R of 1:8 should we push that high!
LET ME KNOW YOUR COMMENTS!
Comment:
Price fell short on my intial entry before moving into targets!
