The pair's tested the 61.8 fib level successfully and rebounded, a reversal at this level and a closing of a bullish candle above it was a LONG entry signal.
Stop loss, Take profit 1 and 2 are shown in the chart as fib level
Stop loss, Take profit 1 and 2 are shown in the chart as fib level
Trade geschlossen: Ziel wurde erreicht:
TP1 hit. Move SL above the entry point for a risk free trade.
Kommentar:
Closed on profit, reversal is expected