The market is a downtrend since it did break the 38.2 Fibs, now it's retesting it (creating a flag) in order to continue the rally toward the 61.8 Fibs.
This trade is a potential profit of 162 pips and about 30 pips risk.
This trade is a potential profit of 162 pips and about 30 pips risk.
Commento:
We need to have a nice breakout of the red trendline in order to sell.
Trade attivo:
@ 111.35
Trade chiuso manualmente:
@ 111.27. + 7 pips
Commento:
The market looks like going up looking for a new lower high
Commento:
Waiting for the sell zone to reenter short around 112.00.
Trade attivo:
Short @ 111.98
Commento:
Expect a nice drop from 112.33