Buy Setup , 61.8 retrace is the buy entry
Buy Stop: 74.82
Stop Loss: 74.36
Take Profit: 76.00
Buy Setup , 61.8 retrace is the buy entry which is in a nice support/confluence zone. & would be the 3rd touch for the trendline; good risk to reward trade
also if all goes as planned expecting it to rise to the 1.618 retracement level which will complete a bearish harmonic in wich I would look to sell @ that point
Stop Loss: 74.36
Take Profit: 76.00
Buy Setup , 61.8 retrace is the buy entry which is in a nice support/confluence zone. & would be the 3rd touch for the trendline; good risk to reward trade
also if all goes as planned expecting it to rise to the 1.618 retracement level which will complete a bearish harmonic in wich I would look to sell @ that point
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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.