Despite having a pinbar last month, this month has been bullish.
The 78.6% level has been retested but pattern did not complete, pattern completed in January 2017.
We might actually be looking at a very huge movement ahead.
R:R at 1.9 (TP1) and 3.4 (TP2).
I'll aim for 61.8 fib level first. Let's roll.
The 78.6% level has been retested but pattern did not complete, pattern completed in January 2017.
We might actually be looking at a very huge movement ahead.
R:R at 1.9 (TP1) and 3.4 (TP2).
I'll aim for 61.8 fib level first. Let's roll.
Note
Do note that French elections are still ongoing, trade with caution.Note
If traders had long at the start of May, trade is probably running at 300 pips now.Let's see how long this rally might actually go =)
Note
800 pips running so far.
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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.