Dislikedi closed the breakout long with +7 as it will probably pullback to the break level. If it does I will enter long again at the break level around 1.1278 If not: I have a pending buy @ 1.1292 This may be stronger than expected so the target is the M30 break level: 1.1329 SL 10 pips {image}Ignored
Since you just learned about the 1.270 fib, you can start applying it.
In this case I held my buy while you closed because I know if I fib the swing low to the swing high, I am expecting price action to hit the 1.270 level (in most cases at least, because sometimes price actions start making complex structure to gather enough gusto to shoot up higher than the 1.270.
I just got off the phone to find that price is shooting up to the 1.618 now....getting close at least.
Test it, it might save you from unnecessary exits and commissions.
Have a great weekend dear!