As displayed in the pitchfork channels. First we flush break resistance , then we retest as support and then we take off to the next channel. Take profit targets given. Keep an eye on the zone between the .618 and .786 fib levels ( pulled from top to bottom ) for potential trend reversal once we reach that level. The new quarterly candle starts next week so expect an accumulation period of around 7-14 days before taking off.
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.