Oversold, Holding on Daily Pivot + Fib level 50%, Our target from here is 1.347, Will Stop Loss if price reach under1.339.
Comment:
Stop loss can be placed below 1.339, you can take profit at 1.347 at FIB 50%
Comment:
Our target is 1.347 ( around +50 Pip)
Comment:
Testing The fibonacci 50% again
Comment:
Our stop Loss If reached would be below 1.339 ( -20 PIP)
Comment:
My original Plan was shorting GU, as you can see in my previous post, but I am looking for a correction here, this trade will remain active during the news.
Comment:
Price is trying to break the daily pivot and this 50% fibo level Let's see
Comment:
Extending Stop loss to let the chart Breath during the news, use logical stop losses, and manage your risk % and balance.
Comment:
Daily Pivot is Broken, you can stop loss now ( -13 pip)
Trade active:
Holding position
Comment:
With same target
Trade active:
1.3394 supposed to hold, if not we will reach 1.337
Trade active:
Hold!
Comment:
If you Closed your buy trade, you have another chance to buy again, of course with good money management.
Order cancelled
Comment:
This correction will take it's time and will happen next week, closed trade.
