Price broke below the support waiting for the retest into 0.5/618 fib zone then will go short once I have the correct confirmation please let me know what you think of my setups would appreciate the feedback!
1:10 RR Ratio
EURCAD LONG! 1:10 RR
I believe price will go up after a small retracement into the zone shown above which is also a key fib level (0.5)/(0.618) area this area has shown strong resistance and support previously if price does go down to level I will take a take profit at 1.55000 and sl about 30 pips under support price may not break below and rise up straight away...