Description
⋅ Price has completed a Full Fib retracement - and so the upward trend can resume
Price creating higher highs and higher lows on the 1hr timeframe
NOTE TP1 = 75.433 = 1:1 RRR
TP2 as per Long position on chart = 75.880 area = 2.69 RRR
Trade closed manually
⋅ Closed @ 75.220 for a 10 pip gain - price isnt quite moving as we expected - now we are actually looking for shorts on this
Comment
⋅ Now aint this a lesson in not over analysing trades?
Called it perfectly initially, but doubted myself and my analysis and missed the bigger move!!!