first of all price reached a very strong resistance area two weeks ago.
We can see a trend line breakout and a pullback after that , so we expect a good retracement to 38.2% , 50% and even 61.8%. But there is no guarantee for price movement to touch all of those levels. I think it goes down to 50% with more probability.
So retracement levels are our targets.
Don't forget to like and leave me a comment about this idea , thank you.
We can see a trend line breakout and a pullback after that , so we expect a good retracement to 38.2% , 50% and even 61.8%. But there is no guarantee for price movement to touch all of those levels. I think it goes down to 50% with more probability.
So retracement levels are our targets.
Don't forget to like and leave me a comment about this idea , thank you.
Comment:
going for first target!
Comment:
First tp hit , 200 pips profit.
Comment:
Second tp hit , 300 pips profit.