DislikedHi Nico28
Nice pick up, Ok firstly I noticed that you pulled your fib from high to low, you needed to pull from low to high in this KR as it was bearish, I appologise as I wasn't very clear with this, which ever way the KR is going you need to pull your fib in that direction, ie Bearish Low to high, Bullish High to Low. If the market has a minor break out with out a retrace then use the new level. If the breakout is significant then it is no longer a KR, however as with the AUD it did retrace after a good bullish move so this would be a standard...Ignored
I have spotted a KR on EURUSD. (chart attached)
In H1 (chart attached), price retrace back to fib 50% and show some kind of morning start. Would you consider this as a morning start and go long ? Or you would prefer to wait for a hammer/pin before long ?