X2A Fib Retracement of .886 @ 1149.59 B2C Fib Retracement of 1.618 @ 1152.59
X2A Fib Retracement of .886 @ 1.54451 B2C Fib Retracement of 1.618 @ 1.54474 Using B2C fib R of 1.618 for entry in this case Remember to update your A2D Fib Retracement ''Take Profit '' targets of .382 & .618 with changes in the point D. Also take into account the spread of the specific pair when setting Take Profit targets .Or else you might miss the Take...
Trying to re-enter. Sell-limit order @ 85.338 RSI looks oversold. (Case for entry) X2A Fib Retracement of .786 @ 85.337 B2A Fib Retracement of 1.272 @ 85.288
X2C Fib Retracement of .786 @ 99.277 B2A Fib Retracement of 1.272 @ 99.287 eNTRY @ B2A fR of 1.414 @ 99.348 GIVES a better Risk to Reward Ratio but in choosing so ONE may miss the trade. Will just watch this one as i cant find any clues looking to the left of the chart, or any trend line or any other factors to make a case for entry.
X2A Fib Retracement of .886 @ 1.10914 B2C Fib Retracement of 1.618 @ 1.11121
X2C Fib Retracement of .786 @ 119.287 B2A Fib Retracement of 1.272 @ 119.276 But planning to enter @ X2C fR of .886 @ 119.355 to get a better Risk to Reward Ratio but in choosing so I may miss the trade. One of the Reasons for entry- RSI oversold
X2A Fib Retracement of .786 @ 1.95148 B2A Fib Retracement of 1.272 @ 1.95800' 23 /Apr/ 2014 GMT 2:45 CNY HSBC Flash Manufacturing PMI GMT 9:30 GBP Retail Sales m/m 28 /Apr/ 2014 GMT 9:30 GBP Prelim GDP q/q
Noise in the rectangle zone to the left of X & around the same area i have PRZ & pattern completion @ D.
1. The trade will be to sell and in the direction of the downtrend. 2. Lots of noise in the area left of X & its in the same zone where I am expecting the pattern to complete @ D. X2C Fib Retracement of .786 @ 0.72514 B2A Fib Retracement of 1.272 @ 0.72435 But planning to enter @ X2C fR of .886 @ 0.72603 to get a better Risk to Reward Ratio but in choosing so I...
X2A Fib Retracement of .786 @ 1180.80 B2A Fib Retracement of 1.272 @ 1180.30
X2A Fib Retracement of .786 @ 89.847 B2A Fib Retracement of 1.272 @ 89.783
X2C Fib Retracement of .786 @ 1.47717 B2A Fib Retracement of 1.272 @ 1.47705 But planning to enter @ X2C fR of .886 @ 1.47626 to get a better Risk to Reward Ratio
X2A Fib Retracement of .786 @ 1.08156 B2A Fib Retracement of 1.272 @ 1.0853 For Take Profit I have not included the spread which should be accounted for, or else price may miss the TP target