I guess my text on the chart explains most of it, but here's a short opportunity on AUDUSD.
I've set my pending order exactly at the 1.618 fib to ensure a 1:1 risk/reward according to my rules.
At the moment price just missed my entry, but hoping for another push up to get me filled.
Should my stoploss get hit, there's another short opportunity if price hits the D-completion of the Bat.
I've set my pending order exactly at the 1.618 fib to ensure a 1:1 risk/reward according to my rules.
At the moment price just missed my entry, but hoping for another push up to get me filled.
Should my stoploss get hit, there's another short opportunity if price hits the D-completion of the Bat.
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Well, that failed pretty brutaly pretty fast.
Now wait to see if Bat gets filled.
Now wait to see if Bat gets filled.