Price is reaching between 50% and 61% of the previous move upward. Support at 1.21700 +- Price is approaching to the trend line.
Overall move is up.
buy order placed at 1.21730 stop loss at 1.21370
Good Risk Reward.
If price breaks the trend line we will be going to at around 1.20880.
*** This is only for my records. ***
Order cancelled
Missed entry by approximately 28 pips. Price didn't reach my 61% retracement. This trade could have been an amazing trade I had risked 36 pips and could have profited at least 300 pips.
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.