Bouncing back from a very unsatisfying week of trading losses but I still won't let it defeat me! You can't make it to the finish line without losses. Right now on the H1 and H4 I see a level of resistance forming and from pulling back an analysizing the market I see a pull back to .41 area and then more movement toward .38 for a 100% retrace from our initial take off point. Usually we are fine with a pull back to 61.8 fib level but since we broke that I am calling a full 100 retest. Let me know what you guys think.
I do believe this will be the last pull back before we go to new highs! This time we will blow past .46!
Best of luck family.
I do believe this will be the last pull back before we go to new highs! This time we will blow past .46!
Best of luck family.
Comment:
Approaching first target at .41092 then moving down to .38 if it can not respect support
Comment:
Target reached and consolidating around .41030 lets see what happens here
Comment:
Second target at .38303 hit waiting for .37100 for long entry