Price had a bearish move.
Price retraced back into a 38.2% to 61.8% Fib and has consolidated there
Buy stop above 61.8% fib and resistance level 571.12
Bullish Take profit at 100% fib & 1.272% fib
Sell stop with a close below 38.2% fib
Bearish take profit at 0% fib & -.272% fib
Price retraced back into a 38.2% to 61.8% Fib and has consolidated there
Buy stop above 61.8% fib and resistance level 571.12
Bullish Take profit at 100% fib & 1.272% fib
Sell stop with a close below 38.2% fib
Bearish take profit at 0% fib & -.272% fib
Comment:
Previous consolidation lasted 2 1/2 days
Comment:
Possible sell coming
Comment:
HEY!! Everyone who is a real chameleon trader who can have a directional bias but if the market decides to do the opposite can change colors and make a trade with what the market is really giving to you. I was looking for a short and forgot to trade the range bounce off the bottom back up to the range top TRADE!! Please, those of you that got that trade make a comment and share with us your charts!!
Comment:
Range Top Breakout - Entered Long trade
Comment:
1H/15m trade setups
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