Fibonacci often reached 61.8%, next target may be $7495
- Used Fibonaaci retracements on major 2018 moves
- 1st retrace went above 0.618
- 2nd retrace to 0.5
- 3rd retrace went above 0.618
- 4th retrace went just above 0.618
- If the same applies, 5th retrace may go around $7495
Trade closed: target reached
Target reached on Sept. 4th.
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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.