Many reasons to sell this pair; 1. Perfect 618 selling on PA 2.Pair goes GAP down and then closes the professional GAP today 3.Pulls back and fails & RSI drops What more do you want?
TP1 : 50% FIB level 1.310 TP2 38.2% FIB...Will go all the way to 0% TP3
Trade active
PA went to 78.6 instead of 618. Added more shorts. may go all the way to 38.2
Trade closed: stop reached
Was very sure it will drop...but didnt respect 618...but went to 78.6%! Learning to watch that level as well.
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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.