A clear demand zone can be identified on the 0.618 Fib and a supply zone at 1.07693 which price has rejected indicating its validity. Will wait for candlestick confirmation at the demand zone. Potential for 100 pips, risking 30 pips. Approx 1:3 RR.
Completely new to trading! Let me know what you think.
Completely new to trading! Let me know what you think.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.