Retest one more time
Here we have it the last retest before this pair goes long.
EMA & SMA crossed
It broke trendline multiple times.
Before market closed we see a huge bearish to retest the line.
I have my entry at 1.13600 which is directly on the .618 Fibo retracement which falls perfectly which last support.
SL: 1.13000
TP: 1.14500
Nearly 2:1 Ratio here.
This looks too perfect. But lets see how the market plays this one out
EMA & SMA crossed
It broke trendline multiple times.
Before market closed we see a huge bearish to retest the line.
I have my entry at 1.13600 which is directly on the .618 Fibo retracement which falls perfectly which last support.
SL: 1.13000
TP: 1.14500
Nearly 2:1 Ratio here.
This looks too perfect. But lets see how the market plays this one out
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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.