Yesterday was a great Bullish Rally, Breaking our Flag Structure and Monthly HIgh with a Single Bar.
If we take our Fibbo, then we can see that there is still room for growth until 161,8% mark and i expected some pullback afterward.
Taking a trade with SL just below our minor support are pretty safe for me, providing a minimun of 2:1 RR and not too big losing pips.
Remember, Buy High, Sells Higher ! going with the trend.
Trade Cautiously, a risky trade indeed.
Stay Safe, Stay Green Brother,
If we take our Fibbo, then we can see that there is still room for growth until 161,8% mark and i expected some pullback afterward.
Taking a trade with SL just below our minor support are pretty safe for me, providing a minimun of 2:1 RR and not too big losing pips.
Remember, Buy High, Sells Higher ! going with the trend.
Trade Cautiously, a risky trade indeed.
Stay Safe, Stay Green Brother,
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Related publications
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.