bigbax699
Corporal
- Messages
- 49
Ive taken a short on EURGBP , weve seen a deep retrace in price from the previous high on this pair. The .618 fib level is a perfect point to take a short from this type of move for me. SL is fairly small just under 70 pips im targeting that mid level of support at 0.8865 with a nice R:R ratio of 3.91. The wicked rejection of that level from yesterday was my signal to enter. GLIYF