As shown on the chart, wait for an entry reason between the D point and the invalidation level. Targets at the .382 & .618 C - D point. Re-stretch fibs to price extreme if price continues to move higher
Trade active
Note
No entry yet. Above entry was a mistake!Trade active
Entered on the hourly close (19:00 GMT)Note
Note
View from the daily chart Trade closed: target reached
1st target. Stops now at break evenTrade closed: target reached
2nd targets hit
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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.