The levels on this chart were too tight had to share it. I drew a fibb extension in between the daily range (yellow lines) and price retraced to the 61.8 level and began to carry on with the current market structure. i am now awaiting for price to reach 1300-1310 where there is a possibility to go short back down to 1260 then 1126. another possibility is that...
Range bound market, price has been bouncing in this range since November. As well as that we have our trend line acting as supports for price in an upward channel
PRICE LOOKING LIKE ITS ON ITS WY BACK T0 111.624 BEFORE GOING LONG
Missed The major sell off Meaning More Risk, but once again good RR with the trade
Price Currently on weekly resistance level, risky trade but RR is good. lets see what happens
Break on trend line however possibility price could climb higher before dropping or carry on moving sideways