AUDUSD (1H) Long, small one
Low on Stochastic, oversold (low RSI) FIBO resistance. Also, the eight red candle in a row.
This sums up to a good but small entry. What still makes me sceptical is the fact that Im using the fibo line as resistance only, usually I want it combined with a earlier proved resistance level and/or trendline.
This sums up to a good but small entry. What still makes me sceptical is the fact that Im using the fibo line as resistance only, usually I want it combined with a earlier proved resistance level and/or trendline.
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