If price retraces to fib level, and shows sign of reversing, i will be going long
Waiting to see if it breaks down on this correction, if it goes up i will not be affected, as my sell order is below 0.701
Posted this a while ago, then noticed i have posted it in private... advices are welcome !
Hi guys, just sharing my idea and seeking for advice too. As i see it ( you might not see it as i do ) we should expect some retracement of the major up trend that this pair is having. To justify that we have price going below 200ema, break of previous structure, and a possible head and shoulders pattern, our target could be 0.5 retracement, and zone of support...