GBPUSD - Basic Fibo retracement
Updated
Basic fibo reversal trades based on 2 entries
1st entry: Fibo 0.5 level - RR 1:3.2 - Risk: 100$
2nd entry: Fibo 0.618 level - RR 1:7.6 - Risk: 100$
Total Risk: 200$
Total Profit: 1000$
Total RR 1:5
1st entry: Fibo 0.5 level - RR 1:3.2 - Risk: 100$
2nd entry: Fibo 0.618 level - RR 1:7.6 - Risk: 100$
Total Risk: 200$
Total Profit: 1000$
Total RR 1:5
Trade active
Fibo 0.5 level entry is triggeredTrade active
Fibo 0.618 level entry is triggeredTrade closed manually
Trade closed in 140$ profit before rollover
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