From the average lows of 1.27920 to the first impulse leg of 1.30965, price made a 50% correction and has made an extension to the 1.618 extension. Fibs levels are reacting nicely to my analysis. RSI on 4H showing bearish divergence, the last 3 4H candlesticks are indecisive the wicks (shadows) are long than their bodies. Three good reasons for me to enter.
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Trade closed: stop reached
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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.