Retracement to 38% and target 161%
Retracement back to 38% after bounce of trendline on daily trend and target 161% fib extension - King's Crown setup.
Trade active
LongTrade closed manually
Both targets now hit. First at 3.5RR and second at 10RR.Note
Woods fooled by overlap on graph. Actually just one target on this trade and at 3.5RR which has been hit.Trade closed: target reached
Trade has now reached its target at 3.5 RR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.