Long Breakout - My preference is long - Macd is over extended below 20 level
TP 1 at 78.6% fib @ 130.40
TP 2 at 127.2% fib @ 130.99
Short Breakout
TP 1 at -27.2% fib @ 129.14
TP 2 at -61.8% fib @ 128.73
TP 1 at 78.6% fib @ 130.40
TP 2 at 127.2% fib @ 130.99
Short Breakout
TP 1 at -27.2% fib @ 129.14
TP 2 at -61.8% fib @ 128.73
Note
Buy Stop @ 129.93 at 38.2% fib. New day gap slippage price entry was 130.04. 1st TP 78.6 fib @ 130.40. 2nd TP @ 130.99 at 127.2 % fib. Price in a range box on 15m SL at breakeven.Note
I have adjusted my 1st TP @ 130.34 because of a double top and SL @ 130.10.
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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.