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Long

Fibonacci often reached 61.8%, next target may be $7495

By tvial
Updated
  • 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.
FibonacciTrend Analysis
tvial
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