note that it has broken the trendline and is in corrective mode. also at fibo of 50%
Will Only Make An Entry After The Confirmation Corrective Breakout
Broke Trendline Looking for an entry after breakout
good entry area with good RR
note that the overall trend is still down. unless it breaks the trendline with a correction and confirmation
*note that this is going against the trend *trade with good R:R and good MM wait for the break,correction and a break of the correction before making entry.
watching this pair closely. will it break lower or bounce back up?