Deep Fib Zones with Daily High/Lows
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Thread: Deep Fib Zones with Daily High/Lows

  1. #1
    Focus Point will be .

    Day-to-Day technical and fundamental analysis with screenshots.

  2. #2
    1 Attachment(s) Early Tues Morning 8AM. PRice haven't reached profound fib zone nor daily high/low.

    Notice: It did bounce off 38 FIB.

  3. #3
    1 Attachment(s) Respected the Daily high of prior day, before trying multiple time and exploding beyond it creating a new high.

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  5. #5
    1 Attachment(s) Fed fund rate cut to .25%, searching for the GBPUSD to rally long term. Recall Buy the dips in an uptrend. .

    The GU created a 370 pip rally today and we all know if there's a major movement in the currency we generally observe some pull back again. Where we could get a bouce looking to grab down the retracement to the 79 percent fib. The 79 percent fib is a powerful support level look at yesterdays chart and you will that it was once resistance on the 1hour chart.

  6. #6
    1 Attachment(s) BUY/Sell entries put with SL place at 30 pips.

    BUY 1.5355
    TP 1.5415
    SL 1.5325
    Reason: .79FIB with Numerous frats lines.

    SELL 1.5650
    TP 1.5610
    SL 1.5680
    Reason: Daily Hi on Dec 16th

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