I am shorting to 1.1185 with a stop at 1.1238.
2016Sep23 I am shorting to 1.1185 with a stop at 1.1238.
My stop is 10 pips above the most recent swing high and my target falls on the 61.80% fib retracement level that is located just above the support range that started forming on 2016Sep19, 14:00 est.
I do not believe there is any reason for the pair to move higher.
Further retracement after the most recent climb is likely.
The RSI is somewhat high.
My stop is 10 pips above the most recent swing high and my target falls on the 61.80% fib retracement level that is located just above the support range that started forming on 2016Sep19, 14:00 est.
I do not believe there is any reason for the pair to move higher.
Further retracement after the most recent climb is likely.
The RSI is somewhat high.
Note
Fail. My stop was short by 1 pip.Note
Well perhaps more than one pip.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.