GBPUSD 0.618 retracement and hammer combination
GBPUSD has a 0.618 retracement after the rally, and it gives a very significant hammer that shows huge buying pressure.
Most of the time, I prefer to trade hammer with the breakout strategy.
While in this case, the hammer is just too long to trade it directly, so I would more like to wait for the 0.618 retracement of the hammer itself.
Most of the time, I prefer to trade hammer with the breakout strategy.
While in this case, the hammer is just too long to trade it directly, so I would more like to wait for the 0.618 retracement of the hammer itself.
Not
Got the 1st kick, trail the others!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.