Looking for entry .618 retracement and breakout line
USDMXN spent about a week in a bull flag formation , after breakout it ran up 2%
a .618% retracement from that last move would bring us right back to the top of the flag and breakout line
looking to enter on the breakout line (.618 fib) stop loss below the breakout line
a .618% retracement from that last move would bring us right back to the top of the flag and breakout line
looking to enter on the breakout line (.618 fib) stop loss below the breakout line