We just broke out of the .618 level mixed with a break from a pennant (continuation pattern) so I can see this pair heading north from here. Likely target is 73.
Trade closed: target reached
Target reached, closed most of my position. Will ride a small portion to see where it takes me.
Closed out the rest of my position as we are approaching an important zone of trendline resistance on the weekly. I think things have a good chance of getting bumpy before a trend resumes.
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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.