Thursday, 19 May 2016

TRADING ANALYSIS - EURUSD 15M

Today our SL was stopped out @ +46 pts and I made a mistake of putting the SL just 1pt above the 38.2 fib.
The probability of hitting the 38.2 fib is high so I should give more space for the fib level.

So we are looking for another good entry if the market will let us enter on a good bar by bar analysis, fib level and structure area.

Expectation is new structure low

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