Hello everyone, let me get right into this. So, when I seen this uptrend line that has been respected multiple times and on that .618% Fibonacci ratio I decided to wait for a Inside Bar confirmation. I have a very far SL due to stop loss hunting and other reasons but a more reasonable SL would be at 110.990 with the same TP. It's just my outlook on this pair and...
Seen this 100% fib retracment IB candle so I looked for other reason to enter. Found RSI Divergence with possible trend line break.
Buy Stop at = 116.090
SL = 115.58
TP = 117.05
There is a bullish cypher forming on this pair and waiting on short. Don't think trend is changing so do not expect a 100+ pip move. Maybe just a pullback until the 38.2 which is where I will take all my profits. Good Luck
Seen this 61.8 Fib Retrace with trend continuation in the Daily, 4 hr , and Weekly. Looking for price to hit 1.70000 as TP1 and TP2 at the 121.2 Fib Extension.
Seeing this break on the 4 hr time-frame and waited till retest. Put a Fibonacci Retracement which coincided with the 38.2 level. The seen a IB candle which I'm going to use as entry.
