*Trading idea*
Looking at a triple bottom chart pattern on $ABCB
The price has broken through the neckline and is looking good to move upwards into the next 3 Fibonacci levels based on the MACD.
The final profit target I'm looking at is at the golden ratio Fibonacci level 0.618.
TP1 @ 29.53 (0.382 Fib)
TP2 @ 32.41 (0.50 Fib)
TP3 @ 35.28 (0.618 Golden ratio)
Happy trading
Looking at a triple bottom chart pattern on $ABCB
The price has broken through the neckline and is looking good to move upwards into the next 3 Fibonacci levels based on the MACD.
The final profit target I'm looking at is at the golden ratio Fibonacci level 0.618.
TP1 @ 29.53 (0.382 Fib)
TP2 @ 32.41 (0.50 Fib)
TP3 @ 35.28 (0.618 Golden ratio)
Happy trading