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Risk Warning: this stragey has not been tested, don't attempt this on a true account.
Looking foward to analyzing this method, I select a time frame when I will be analyzing and posting my trade set-up, it'll be 7pm est..
Base on the principles above we are now short.
Short at 1.5407
s./l at 1.5574
t/p at 1.5240.
This transaction will stay the same unless trend change or we add into our shorts.
Were in a tight range at the moment, were see how it plays out.Originally Posted by ;
Entry will be 38.2percent fib price and t/p will be 61.8% fib price, s/l will be 3rd resistance or service.