AU Triple Fib Confluence Downside Trend Continuation

Updated
Price in down trend coming right up into a big time fib confluence zone at the 73 even handle

Looking to at least retest previous support and look for extended targets into 724's

Can be an awesome trade if it works out with great R:R and good extended targets if we get past first target

Plan your trade trade your plan!

Trade active
We have been in the trade and hit target 1 very easily now taken half of the position off the table and have moved stops to BE

Hope to see this baby keep it moving

Plan your trade trade your plan!!
Note
snapshot
Trade closed: target reached
Turned out to be a great trade that ended up hitting both targets

Power of the trend with some fibs!

Plan your trade trade your plan!

snapshot
confluencefibFibonacciSupport and ResistanceTrend Analysis

Disclaimer