Price is retracing and is about to enter a key support zone developed from previous structure and fibonacci retracement levels of the impulse which broke above the long term downtrend (correction). In that support zone we have a pending bullish bat pattern which is about to complete.
Sl and tp as shown in the chart. In case price reaches the first tp we better move sl at breakeven at second position.
All the best,
John
Key support zone:
Sl and tp as shown in the chart. In case price reaches the first tp we better move sl at breakeven at second position.
All the best,
John
Key support zone:
