War, Plague, Shortages, Graft, Fraud, FOMC Hawk and Inflation...Fundamentals Fib retrace to the .786...Technical
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This is not financial advice just common sense!
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Moved the stop to break even. This is now a risk free trade.
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Boom! A successful 1 to 3 RR (risk to reward) trade was completed using key Fibonacci targets during a Fundie. As you can plainly see BTCUSD traded very technically as it stepped down to each Fib level but waiting for the appropriate moment to enter was the key (After FOMC sentiment displayed the true direction).