Sive Morten
Special Consultant to the FPA
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That was a hit at bull's eye. How did you calculate 1.2355? I can't see any confluence level or LOP here..
Hi Sentinel,
well, there is no particular magic with it. I usually use for t/p 10 pips + to Fib support.
In fact, there was a B&B daily trade and 1.2344 - is 0.618 retracement. So, 10 pips + is 1.2355.
May be it will go down further, I do not know for now. 1.2355 is just a reasonable or Logical profit objective.
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