The 5%ers' Blog

Combination of Fibonacci And Price Action EUR/JPY 29/11/2018

November 29, 2018 | 10:28 am | The 5%ers' Blog
November 29, 2018 | 10:28 am
The 5%ers' Blog

This kind of setup is my favorite one, a great new fresh demand below us, which is also 61.8 Fibonacci level of the recent uptrend, the combine of this two make me feel more secure About this opportunity, I’ll buy at the demand below, my first target will be the last high, and for those who want to take it further, 130.00 is the final target, I’ll consider this position As a daytrade opportunity with a possibility to continue as swing position.

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