Head and Shoulders coincides nicely with The Fib go long and close out in the shaded area, if your really brave the rectangle to the top of The Fib..
Trade closed: target reached
Would have had the trade close at 50% of The Fib which is smack bang in the middle of the lower rectangular shaded area.. WIN LONG
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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.