Missed this good trade when there was a bounce off support level and a break in trend line. But still a good entry now to go long and target the next resistance level which is around the 50% Fibo .
Like and follow guys!
Like and follow guys!
Note
BOE gave a statement about negative interest rate while this chart was posted but we can see that the 23.6% fibo became a strong level of support. This might just gave a good entry for reversal.Trade closed manually
Pair moving side ways. Will set up a new chart.
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.