Hi Guys,
Looking at this chart and i found that there were a few things that supported my idea:
1. Support at 0.7245 and reversal has begun at the 4H TF
2. Previous support at 0.7146 was never achieved
3. RSI supports the upward trend
I would expect a retracement period at 0.7430 (0.38 Fib) so you can take some profit here
But my main target would be:
T/P at 0.7605 (0.618 Fib)
S/L at 0.7210
R:R at 1.9
Please don't risk more than 2% of your capital
If there's no big news, this trade would look quite good
Feedbacks are always appreciated
Cheers!
Looking at this chart and i found that there were a few things that supported my idea:
1. Support at 0.7245 and reversal has begun at the 4H TF
2. Previous support at 0.7146 was never achieved
3. RSI supports the upward trend
I would expect a retracement period at 0.7430 (0.38 Fib) so you can take some profit here
But my main target would be:
T/P at 0.7605 (0.618 Fib)
S/L at 0.7210
R:R at 1.9
Please don't risk more than 2% of your capital
If there's no big news, this trade would look quite good
Feedbacks are always appreciated
Cheers!
ノート
We care currently at the retracement period.I would take a closer look to see if the 0.618 is possible, i would expect a minor pullback at around 0.7420 before going up.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。