Strong price reversal areas, coincides with Fibonacci levels and trend direction.
I would only enter at level 38.2 if in 5 minute chart makes a Shift and Momentum, more likely for me to test 61 and to continue going higher!
On the other hand if breaks trend line we short it baby and but I would check for new price reversal areas.
I would only enter at level 38.2 if in 5 minute chart makes a Shift and Momentum, more likely for me to test 61 and to continue going higher!
On the other hand if breaks trend line we short it baby and but I would check for new price reversal areas.
I would short it if respects the area of 78.6% as ceiling and go for 100 to 130 pips.
Looks for me like potential buys at 1.2999 (Take profit level of the short), please be my guest I welcome you to have a look in the update I made
Thanks for viewing