We have just completed the type -1 reaction off of this pattern to the .382 target.
Lets wait for the pullback to the .786 ($57.87) XA of this pattern for a type -2 reversal.
If we can get a break AND close above yesterdays 58.70 we can immediately look towards targets $59.5, $60.25, and $63.
Lets wait for the pullback to the .786 ($57.87) XA of this pattern for a type -2 reversal.
If we can get a break AND close above yesterdays 58.70 we can immediately look towards targets $59.5, $60.25, and $63.
Note
price absolutely blew through the stop loss.Trade closed: stop reached
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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.