The .618 retracement is being respected on the Daily AND H4 charts. They are also both located right above the strong daily supported area which I have marked on the chart.
Entry around 1.7570 Stop Loss 1.7370 Take Profit 1.7700
Risk 1:1 but I think it has a greater than 50% chance of success
Entry around 1.7570 Stop Loss 1.7370 Take Profit 1.7700
Risk 1:1 but I think it has a greater than 50% chance of success
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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.