Quote:
Originally Posted by usef  
ana feyet bi 3 lots at every target bsakker we7di w minshouf shu biseer..
let's watch it next week |
My friend , your drawing of the Fibonacci level is wrong , your 0% should start at the low 1.2455 level and your 100% should be at 1.4720 level
Check the attached website for fibonacci level drawing:
Applying Fibonacci to the Market
I dont want to interfere in your trading , however as long as the euro is below 1.34 level it is still in consolidation area , and it is a gamble to enter long with the targets you mentioned and the risk is high .
Why i am mentioning 1.34 level , because it is the level that was rejected 2 times previously , and we witnessed a heavy selling when reached that level , in addition 1.34 level is the 61.8% fib of the 1.3725 high and the 1.29 low level