I anticipate this to play out.
now that we punched trough the 61.8 pullback at B, we are likely to retrace to C, followed by a sustained pullback to D leg completion, short to Target 1, tight stop loss above Target 1, hunting Target 2, long on failure.
No trade advice, ensure your own due diligence.
Happy trading.
now that we punched trough the 61.8 pullback at B, we are likely to retrace to C, followed by a sustained pullback to D leg completion, short to Target 1, tight stop loss above Target 1, hunting Target 2, long on failure.
No trade advice, ensure your own due diligence.
Happy trading.
Note
Hitting support on falling trajectoryNote
Support found, anticipating some short term ping pong between support area and Gann resistance levels. Trade closed: stop reached
Price pullback on AB broke beyond 78.6%, stop loss triggered.
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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.