1:20 Risk Reward, very resilient support, confirmation would trigger our long trade, looking for potential retracement to the 61.8% fib level.
We would look to take partial profits at the 31.8% and 50% Fib Levels.
A break of this key support and failed retest would nullify this trade.
We would look to take partial profits at the 31.8% and 50% Fib Levels.
A break of this key support and failed retest would nullify this trade.
Disclaimer
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.
Disclaimer
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.