Scalp from the purple horizontal line, being help back from that resistance and the accompanying fib level. Ultimate resistance being the descending trend line. Target area being the lower purple horizontal level.
Trade closed: target reached
Trade executed perfectly!!! Although it was a scalp trade it did execute faster than I expected.
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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.