I am learning and trying to understand how Fib retracements work. This prediction is based off of .786 Fib retracement with a short bias at that level.
SELL: 1.12288 TP: 1.11207 SL: 1.12787 RR: 1:2.17
Side note: Potential for 2 trades out of this idea...one on the way up, one on the way down. We'll see how it plays out. Please feel free to leave comments and feedback. Thanks.