This strategy uses 20EMA and fib. retrace drawn 'inverse' or backwards. From high of candle that broke the 20EMA to the most recent lowest point. Buy area is b/t .236 and .618 retrace. Targets are 1.618, 2.618, etc...
Trade fechado: objetivo atingido
Target was reached. It's now deep in overbought territory. There is a good chance that the next 24 hours will be bearish. good chance to get short & catch a move to the downside
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