DislikedHi
Firstly your fib is drawn upside down. Easily fixed.
How you deal with in trade management will depend on your written rules. Some will allow this room to move and not move stops too quickly and others will try capture a move to the first area of support.
cheers
FXPIgnored
Doh ! about the fib....drawing them is definitely a weakness and something I need to work harder at !! I often make that mistake....another postit note on the side of the monitor !!!
That makes the 38 fib around 1.2675 (IBFX feed)....so I'd look at entering below that, say 1.2655. 50 fib at around 1.2560 as first point of s/r.
Makes my first question seem silly...oh well.... as long as we learn...
Joe