Short CJ.
After first impulsive downtrend ->correction to 61.8% retracement.
Entry price 83.628 (SL set to 83.676 - retracement point)
Expecting to move to 83.500 MSQP-major small quarter point.
Trade taken-demo acc.
After first impulsive downtrend ->correction to 61.8% retracement.
Entry price 83.628 (SL set to 83.676 - retracement point)
Expecting to move to 83.500 MSQP-major small quarter point.
Trade taken-demo acc.
Trade closed manually:
05/04/2019 11:04 GMT closed the trade with 3pips profit at 83.590. Secured profit before oncoming NFP, Unemployment rate etc fundaments happening at 13:30 GMT that day. 61.8% level rejected and the price went all the way down to MSQP and further down.