Long
SALT long retrace
This chart looks pretty good to me, currently sitting on the 618 fib, and the downwards movement has leveled out a bit compared to its last dump. Looks like it could be gearing up to curve upwards, in which case i would be setting my target at the previous swing high, as shown on chart.
If i start to see a decent bounce upwards from the 618 i would look at entering this trade. SL placed below support, marked on chart
If i start to see a decent bounce upwards from the 618 i would look at entering this trade. SL placed below support, marked on chart
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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.