Breakout of the trend

2021年11月7日

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clear break out of trend but can now retrace slightly to the blue line below and then into a bigger move upwards. It can also move down and bounce of the 0.618 fibbo which can also be a buy oppertunity.

any comments or corrections would be appreciated.

2021年11月7日

註釋

you can also take a short on the 4hr for around 90 pips if the next few bars close bellow the support at 113.229 area

2021年11月7日

註釋

then if this bounces off the support line and turns bullish take the long for new highs taking profit in zones

2021年11月7日

註釋

check attached related idea