[quote=daedalus;36809]Boom. That was the problem with that trade. I still took it at the 75% level, but that means I moved to B/E once we took out the 50% level. So it came back up in my face, but i lost 2pips on it (the spread)... It was a great opportunity and thats what we look for.
I moved above the last retracement high so got out with a small profit. Also note the various signals that told you H1 was turning. Important to have more than one approach in your arsenal and plenty of opportunity to get long especially after the immediately reversed bear candle, inside bar and break to a new high. Not posted here as not fib retracement but all about reading the charts
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