Selling Opportunity - USDEUR
Its been in a consolidation for about a week (Due to the holidays), if it breaks on the downside prepare for a sell but keep an eye for any fake breakouts.
When I activate my trade. I will hold unto this position till around the 78.6% (0.9396) Fibonacci mark and leave my SL around a few pips above the consolidation pattern.
When I activate my trade. I will hold unto this position till around the 78.6% (0.9396) Fibonacci mark and leave my SL around a few pips above the consolidation pattern.
Trade active
My trade had activated around 0.965436Trade closed: stop reached
Activated my stop loss. A fake breakout occurred.
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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.