EURUSD - WAITING LONG SET UP @FIBS 23.6 and 12/Ý17 Congestion
There was a Short Opportunity @ FIB 50% today.
BUT did not take it..
see DAILY Chart :
AS EUR/USD is still LONG Bullish Trend for now..
Would Rather wait for:
1- Price to move towards FIBS 23.8% (1.2275) Zone
> Where there is a PRICE congestion since 12/2017 form. (ZONE)
> Where also a TREND LINE Meet . (Form Since 04/2017)
2- ENTRY Zone : Between 1.2495 & 1.2055 (Fib 23.6% 1.2275 being the MEAN)
> Look into H4/H1 for ENTRY
> Look for PinBar / Engulfing etc
> Look for PULL BACK !
TRADING Not an EXACT SCIENCE - Look For OPPORTUNITY !
Be NIMBLE - MANAGE Your RISK & You Will Be OK !!
BUT did not take it..
see DAILY Chart :
Would Rather wait for:
1- Price to move towards FIBS 23.8% (1.2275) Zone
> Where there is a PRICE congestion since 12/2017 form. (ZONE)
> Where also a TREND LINE Meet . (Form Since 04/2017)
2- ENTRY Zone : Between 1.2495 & 1.2055 (Fib 23.6% 1.2275 being the MEAN)
> Look into H4/H1 for ENTRY
> Look for PinBar / Engulfing etc
> Look for PULL BACK !
TRADING Not an EXACT SCIENCE - Look For OPPORTUNITY !
Be NIMBLE - MANAGE Your RISK & You Will Be OK !!
Сделка закрыта вручную:
TRADE Did MOVE LONG but Via Breaking 1.23475 (Above Congestion Point)
Cheers
Cheers