well we have a FVG area there
I will expect that price will come back to that area before we can long it to 1978.
Also matches with Fibo at 0.168 which is known for reversal.
so we can expect a good long from that zone 1946- 1945
small stop loss of 1940.
I will expect that price will come back to that area before we can long it to 1978.
Also matches with Fibo at 0.168 which is known for reversal.
so we can expect a good long from that zone 1946- 1945
small stop loss of 1940.
Note
totally forgot to update you guys here, i actually entered this trade loljust closing it now
Trade closed: target reached
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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.