I'm looking to go long when the market opens. Reasons :
1) It's in a 1hour demand zone (look left)
2)oversold area (plot stochastics on chart)
3) it's at the support price at 1.16050
SL @ 1.15730
TP @ 1.16050
RISK REWARD - 1:2
SL @ 30 PIPS
TP @ 60 PIPS
Fib Region between key levels of 61.8 and 78.6
Enjoy guys :)
Find me on IG @ Theo_Forex
1) It's in a 1hour demand zone (look left)
2)oversold area (plot stochastics on chart)
3) it's at the support price at 1.16050
SL @ 1.15730
TP @ 1.16050
RISK REWARD - 1:2
SL @ 30 PIPS
TP @ 60 PIPS
Fib Region between key levels of 61.8 and 78.6
Enjoy guys :)
Find me on IG @ Theo_Forex