Entires @ 0.382, 0.500, 0.618 retracements of previous swing high (based on risk preference)
Stops @ new low + trendline break (invalidation point)
Targets @ 0.500 retracement of major previous downswing
There is 3 failed tests @ 0.382 before but the newest high put the setup back in to play. Exhaustation signs in the current range should be monitored closely.
Constructive comments are welcome
Stops @ new low + trendline break (invalidation point)
Targets @ 0.500 retracement of major previous downswing
There is 3 failed tests @ 0.382 before but the newest high put the setup back in to play. Exhaustation signs in the current range should be monitored closely.
Constructive comments are welcome
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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.