We had a wedge breakout and retest. You can also see the supply zone that price rejected out of. If you also had a railroad track candle stick pattern form. Target 1 is the .618 fib of the wedge. T2 is the low pivot. Possible 11 to 1 RR
Note
As you can see. Price hit our target. 11 to 1 RR
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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.