A low risk trade. The price made an impulse and correction to the 0.61 fib retracement. Good R/R ratio. In Technical analysis this setup is called 1-2-3 Regards.
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fxrandal
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Are your targets still the same for this pair? thanks
FullTimeTrader
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Hello, yes, trade still active, moved SL to BE
Fuse00
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I like this idea as price has rejected off the 61.8%.
FullTimeTrader
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Thanks for comment, 0.61 is my prefered retracement also, so far everything is working fine............