Fibonacci extension tool applied on the last bullish move to reveal 50.0 and 61.8% levels.
Friday's candle printed a buy signal pinning the said levels so I am buying at market price 1296.66 (Check on weekly time frame also a doji for last week's candle)
Stop loss below 61.8 fibo level @ 1278.39
Take profit provisionally 1319.67 but can be trailed to maximize profit if the market continues to remain bullish
Always exercise healthy risk management
For full trade management details please use the Telegram link below
Friday's candle printed a buy signal pinning the said levels so I am buying at market price 1296.66 (Check on weekly time frame also a doji for last week's candle)
Stop loss below 61.8 fibo level @ 1278.39
Take profit provisionally 1319.67 but can be trailed to maximize profit if the market continues to remain bullish
Always exercise healthy risk management
For full trade management details please use the Telegram link below
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.
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.