Basing this setup on:
Violated support -signal
Violated trendline -signal
Structure resistance - adding to our entry
Trendline resistance - adding to our entry
0.618 fib retracement - adding to our entry
Moderately conservative target, above previous low - Trend continuation
Violated support -signal
Violated trendline -signal
Structure resistance - adding to our entry
Trendline resistance - adding to our entry
0.618 fib retracement - adding to our entry
Moderately conservative target, above previous low - Trend continuation
Trade closed: target reached
Cant ask for much better than this
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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.
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.