DislikedQuestion for the round. Do you have an experience value how many pips such a return is normally? 20, 30 or more pips {image}Ignored
For EURUSD I always stick with fibo (in other words, percentages are better than strict values).. BUT I detected that fibo 66 to 72 area works best... Not 61.8 or 50 as many would rely on.. Often fibo 72.0 is the exact end of most pullbacks (solely for EURUSD)..
On a side note: If candles can't even touch fibo 48 then trend is strong! To me the first signal of a trend ending is this fibo 48.. the moment a candle closes above it I get rid of my orders in that direction and chase countertrend entries.
I know it wasn't the exact answer to your question but I hope it helps..
Focus only on what truly matters!
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