Price has reached a very strong resistance level at 0.87940 which lines up with the 0.61 level on the fib indicating a possible change of trend. My setup became valid when the daily candle closed strongly bearish at this important level. Therefore I am anticipating a swing low.
Entry : 0.87313
SL : 0.88370 (105Pips)
TP1: 0.84500 (270Pips)
TP2 : 0.8060 (670Pips)
1% RISK MANAGEMENT ALWAYS
EDUCATIONAL PURPOSES ONLY
Entry : 0.87313
SL : 0.88370 (105Pips)
TP1: 0.84500 (270Pips)
TP2 : 0.8060 (670Pips)
1% RISK MANAGEMENT ALWAYS
EDUCATIONAL PURPOSES ONLY