This is close enough to the 618 area that price can turn here but it needs more confirmation. If you enter without confirmation on h4 you are trading it somewhat risky.
I myself have entered a very small sell position with a 50 pip stop loss. No Need to trade big. When I trade really big I always lose the trade. When I trade really small I usually win and make a lot more money!!! Seems backwards but its true!
I myself have entered a very small sell position with a 50 pip stop loss. No Need to trade big. When I trade really big I always lose the trade. When I trade really small I usually win and make a lot more money!!! Seems backwards but its true!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.