On the Daily TF we are consolidation sideways after a rally long this is the first indication that we could see a breakout pattern, We do have a potential High and Tight flag on the daily time frame. On the 240 We have a direction pole and a triple test on the 60M time frame. We broke and closed above indicating a bullish move and pulled back for a entry using a 61.8 FIB. This allows for tight stops 1 ATR below the triple test and targets at the 127 FIB just before the physiological number 134.00
Trade closed: stop reached
well my first trade posted on Tradingview and it lost. Great start. It just means im even closer to a winner now.
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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.