It may be too early to call the end of the long term uptrend.
But there's definitely an opportunity to sell at 61.8% of the last swing, with good risk reward ratio.
But there's definitely an opportunity to sell at 61.8% of the last swing, with good risk reward ratio.
Comment:
The bulls seems to be struggling at 61.8% area...
Im considering whether should enter a short with tight stop loss at 1.1795
Im considering whether should enter a short with tight stop loss at 1.1795
Trade closed: target reached
The upswing was too aggressive so I did not enter.