intraday position for eur/usd price has respected our fib reign of 78.6% which is also in confluence with our trendline. We can therefore expect the price to trade lower into our targeted region for a new lower low.
risk/reward ratio is 1:2
Trade closed manually
missed our TP by a few pips, however great price action
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.