Small Correction

Atualizado
Oversold, Holding on Daily Pivot + Fib level 50%, Our target from here is 1.347, Will Stop Loss if price reach under1.339.
Nota
Stop loss can be placed below 1.339, you can take profit at 1.347 at FIB 50%
Nota
Our target is 1.347 ( around +50 Pip)
Nota
Testing The fibonacci 50% again
Nota
Our stop Loss If reached would be below 1.339 ( -20 PIP)
Nota
My original Plan was shorting GU, as you can see in my previous post, but I am looking for a correction here, this trade will remain active during the news.
Nota
Price is trying to break the daily pivot and this 50% fibo level Let's see
Nota
Extending Stop loss to let the chart Breath during the news, use logical stop losses, and manage your risk % and balance.
Nota
Daily Pivot is Broken, you can stop loss now ( -13 pip)
Trade ativo
Holding position
Nota
With same target
Trade ativo
1.3394 supposed to hold, if not we will reach 1.337
Trade ativo
Hold!
Nota
If you Closed your buy trade, you have another chance to buy again, of course with good money management.
Ordem cancelada
Nota
This correction will take it's time and will happen next week, closed trade.
buycorrectionLONGTrend Analysis

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