SLR 60 Min .5 FIB Correction Trend 38% Short term 400% Long #2
Updated
After a nice correction to .5 FIB here is another trade for everyone! In my trades I am hoping to find quick gainers for folks looking for short investment cycles as well as trades that can be held for long term higher returns. I intend to provide entry points, trade targets, profit gathering plans and stop losses. These trades are based on chart research, technical analysis , and current media/ market perceptions. I advise how I plan to take my unrealized gains(profit) from the trade until I have recouped all my initial investment. At this point you will be trading on house money.I also will point out at which point you can take the initial profit as suggested by the chart for quick gains. As always this is my trade opinion and the strategy i am implementing for my trades. Do your own research and never risk more then you can afford to loose. Please feel free to ask me questions and or comment your thoughts on my ideas.
Thank You & Good Luck!!
Entry Point .00010440
2) Target .00011177 (.618 FIB)
3) Target .00013025 (.786 FIB)
4) Target .00015379 (1 FIB) Take Profit 20%
5) Target .00022179 (1.618 FIB) Take Profit 30%
6) Target .00033181 (2.618 FIB) Take Profit 30%
7) Target .00044183 (3.618 FIB) Take Profit 20%
8) Target .00050983 (4.236 FIB)
Stop Loss .00009000 20% +/-
Close trade at .00014027 for 38% Gain
Thank You & Good Luck!!
Entry Point .00010440
2) Target .00011177 (.618 FIB)
3) Target .00013025 (.786 FIB)
4) Target .00015379 (1 FIB) Take Profit 20%
5) Target .00022179 (1.618 FIB) Take Profit 30%
6) Target .00033181 (2.618 FIB) Take Profit 30%
7) Target .00044183 (3.618 FIB) Take Profit 20%
8) Target .00050983 (4.236 FIB)
Stop Loss .00009000 20% +/-
Close trade at .00014027 for 38% Gain
Note
SLR making a nice move. Headed through target 2 & 3 looking for target 4.Note
Passed Target 4. In a nice Channel looking to hit Target 5 very Soon.
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