OmarLaaroui

OmarLaaroui

looking to sell EA from 1.516 area as i have a 61 fib there and an interesting TL retest. however it is advised to have a good SL cause it's a daily trade and the move can be major both ways. it's also advised to take 50% or more of the trade at TP 1 and take the rest however you please.

OmarLaaroui Updated 

these are only valid if it continues up from that direction. me personally I'm only interested in the 61 and 76 fibs as there's more than just on confluence in that area which is the Trend line retest. so I'd be looking to take that. but it's only medium risk the others are high risk so i recommend risking less 0.5% or less on the white zones and 0.5% or more for...

OmarLaaroui

reason for the entry : 3rd touch, TL break and retest, and 200 EMA