EURUSD, 4H, .786 Retracement

٢٨ أبريل ٢٠١٩

I am learning and trying to understand how Fib retracements work. This prediction is based off of .786 Fib retracement with a short bias at that level.

SELL: 1.12288
TP: 1.11207
SL: 1.12787
RR: 1:2.17

Side note: Potential for 2 trades out of this idea...one on the way up, one on the way down. We'll see how it plays out. Please feel free to leave comments and feedback. Thanks.

KC