Price is on an up trend
Price is at 0.618 fib retracement level where the new HL is likely to be formed if the trend holds.
On a lower time frame ( i have used 30min) a descending wedge pattern has been broken and price has potential to rise further up towards the .382 fib extension level
*TRADE AT YOUR DISCRETION*
Author not responsible for any losses incurred.
Price is at 0.618 fib retracement level where the new HL is likely to be formed if the trend holds.
On a lower time frame ( i have used 30min) a descending wedge pattern has been broken and price has potential to rise further up towards the .382 fib extension level
*TRADE AT YOUR DISCRETION*
Author not responsible for any losses incurred.
Trade active
Trade active:
Moving steadily...still holding
Trade active:
Close to target
Trade closed: target reached