I am learning and trying to understand how Fib retracements work. This prediction is based off of .786 Fib retracement with a short bias at that level.
SELL: 1.12288
TP: 1.11207
SL: 1.12787
RR: 1:2.17
Side note: Potential for 2 trades out of this idea...one on the way up, one on the way down. We'll see how it plays out. Please feel free to leave comments and feedback. Thanks.
KC
SELL: 1.12288
TP: 1.11207
SL: 1.12787
RR: 1:2.17
Side note: Potential for 2 trades out of this idea...one on the way up, one on the way down. We'll see how it plays out. Please feel free to leave comments and feedback. Thanks.
KC