- Primary Trade Setup
In case the pair goes back up to 61% the risk of taking a purchase is very low. In case the price closes below 61%, looking for a purchase is still possible but we must be careful since we would be entering the field of the last highs and that can also mean a change of structure, so it is better to divide the trade and take partial profits and protect operations. if you have the possibility to do it.
I hope this is a flag correction.
Secondary trade Setup
If the price decides to lower enough, it is necessary to wait for a retest in the area below the last stops before looking for a sale. However a break and retest would indicate a very powerful structure break.
הערה:
I just realized that if we draw an uptrend line it coincides with the 61% retracement. It's just an aggregate but you have to be vigilant.
עסקה פעילה:
40 pips from the first entry.
הערה:
move sl to be.
הערה:
The price went up, I told them to move to Break even, at this moment we are watching the retest.
עסקה פעילה:
109 Pips from the second entry.