Note: Weekly chart, so this is a longer term trade
Price has put in a fairly bullish bar last week and the system has signalled a new long trend a number of weeks ago. This makes it a good time to go long, also because the Fib extensions line up with support/resistance areas above with a 7.5 RRR to the 2.61
Price has put in a fairly bullish bar last week and the system has signalled a new long trend a number of weeks ago. This makes it a good time to go long, also because the Fib extensions line up with support/resistance areas above with a 7.5 RRR to the 2.61