i would watch for a bounce as it is close to that fib..hard without a few charts to try and see the big picture..reason i use options when on mobile phone
i think trendlines are fine..but also better to look at multi timeframe charts to see what big players are doing..can be hard at times..but more things line up the better..lower riskI'm looking at this and waiting to see what happens
I'm looking at this and waiting to see what happens
even number..near fib..could go either way of course..no one knows for sure..but i would be looking for longs for now..until it makes a 1 to 1
You're right - I closed it at 1.1007 for +10
I don't know if it's going to turn around when NY opens, otherwise I would have left it open (I liked that line break - looked promising)
golden rule..never listen to anyone else..make your own decisions..good and bad..keep trading with small risk and make more money than you lose
btw..it is very easy reenter after exiting..just look at 1 min s&r..as you will see the start of a move better on the lower timeframe..just my opinion of course
buy audusd @ 7202 stop @ 7195