Hey guys!
Within the last 2 weeks we had a big 60% bearish run.
After breaking its bearish trendline 2 days ago, we see a perfect example for Fib Retracement.
We perfectly bounced back from 62% FIb level, and stopped falling again @38%.
This could be easily used for sidewards scalping.
We can expect horizontal movement between the Fibonacci Levels.
Buy: 375
Sell 1: 396
Sell 2: 420
Happy trading!
!! Mention: This is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
Within the last 2 weeks we had a big 60% bearish run.
After breaking its bearish trendline 2 days ago, we see a perfect example for Fib Retracement.
We perfectly bounced back from 62% FIb level, and stopped falling again @38%.
This could be easily used for sidewards scalping.
We can expect horizontal movement between the Fibonacci Levels.
Buy: 375
Sell 1: 396
Sell 2: 420
Happy trading!
!! Mention: This is my personal opinion, no trading advice. Its your money, your trade, your risk and your responsibility.
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