Opened Short position at 114 94, First target...
Updated
Opened Short position at 114 94,
First target 61.80,fib
Second target 50,fib
Third target 38.20,fib
Fourth target 23,fib
Will move Stop loss at every target Hit, Broke & Retested.
Close half my position at the 23,fib. According selling pressure proceeds.
First target 61.80,fib
Second target 50,fib
Third target 38.20,fib
Fourth target 23,fib
Will move Stop loss at every target Hit, Broke & Retested.
Close half my position at the 23,fib. According selling pressure proceeds.
Trade closed: target reached
All target's reached and back at base. Still have half my position open, i am waiting to see how price reacts around the 105.00 area if it gets there, to see if i'll full close position.Trade closed: target reached
All Targets reached. Result. Even made to the -27.00%,fib. Happy Trading Everyone.
Note
Still Have 1 position open and will close it when price reaches 92.60 for a double bottom Or break resistance at 108.30. I would loose out of 10% from where it has bottomed so far on the day but still good profit overall. Again i will leave Short trade open for lower prices if no major buy signal is provided.Trade active
As it found resistance at 32.8,fib i opened another Short position on the third test of GANN. Still have one previous position still open. Target is support at $100, If support breaks i will for Target price 94.75, -61.80,fib.Note
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