50% of fibo is based on 3 year long bearish wave. IT is combined with double top with nice candle formation and GAP which is respected by market without doubt. I set TP close to 38.2%.
Note
It might be good idea to close position if U want to book the profit 'cause pair can move higher significantly, but i;m pretty sure pair will reach TP area sooner or later.Trade closed: target reached
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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.