Follow up to the last post now that the profit targets were hit. Possibility for price to continue lower - following through on a 38% retracement / healthy correction on the Weekly chart which formed a successful double top on the Daily chart.
I wont enter the trade until I see a set up on a smaller timeframe, and if price action reaches the invalidation point, the trade idea is reevaluated.
Not a recommendation.
I wont enter the trade until I see a set up on a smaller timeframe, and if price action reaches the invalidation point, the trade idea is reevaluated.
Not a recommendation.
Trade closed: target reached
Awesome trade opportunity
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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.