January breakout fib trade
January trade on technicals. Stop on local support trend line. Breakout from the larger wedge structure might prove interesting.
Trade closed: stop reached
Rejected and stopped out. I'll add this one to the watchlist pending the next few days.Note
As a follow-up and closing comment; the larger structure seems to hold and a long position with structure floor as stop may be an option.
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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.