This is not a recommendation, just my own trading strategy. I’m waiting until we break above $330 and test it and will go long taking profit at the gap fill which is at the .5 Fib level and will close the remainder of my position at the .618 Fib level. The measured move of the descending triangle would take you to the .786 fib level but we are still in a technical correction so don’t get your hopes up on that large of a retracement. As always, be safe & be smart! All criticism is welcome so please leave a comment!
Note
Targets reached, closed 80% of trade as this seems to have some FOMO left in it. Hope you all enjoyed the gains!
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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.