this one is nice and simple. A break of this structure gives Fib extension targets that sit directly on the daily channels bottom... Coincidence? i think not...
I'm looking for a break of this rising structure to confirm this trade. Not the biggest trade in the world, but will give a very tasty RRR is it does break and give entry.
I'm looking for a break of this rising structure to confirm this trade. Not the biggest trade in the world, but will give a very tasty RRR is it does break and give entry.
Comment:
Partial profits secured at the 1 level fib extension, and stops moved to break even. there is also a potential flag in lower time frames, which could give a nice opportunity for scale ins.