Red - stop loss, see how the price reacts to fib box above. Green box you TP. Leverage? up to you and adjust the SL.
Note
An error was made for the entry of this entry. Waiting for the extension of the current move would have been preferable and waiting for a proper GP retracement which occured with the same target applied.
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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.