The power of FIB EXTENSION , show us an over an over again trend continuation to the target 1.272 level
so, we must trade smart, knowing the target, take profit, and buy back on the right price. this is a proffesional traders secret.
hope we luck on all trades..
The British Pound rose for a third consecutive week against the US Dollar after a hawkish-sounding Bank of England Quarterly Inflation Report rekindled interest rate hike speculation, as expected. Governor Mark Carney reminded investors that tightening is the next most likely direction for monetary policy, adding that the central bank intends to look past...
Nice gartley pattern looking for short entry, if support line breakout we will know where the price going...?
making a simple Risk/Reward 1:1 ratio, and we knowing the target.
so, please keep watching this strategy
we will know where the price going, no indicator needed, no support resistence line needed, just Risk reward ratio 1:1
its very powerfulll to predict 90% accuracy , breakout price going..
this risk reward ratio used by BIG BOYS