Have a couple of different perspectives here: Fibb or Support Resistance approach. Lets see what happens.
Trade active:
1st Target for -27% hit, secure 20% profit and move stop loss to break even / in profit.
Comment:
This trade i could not get back to comments to update, however, the trade hit the stop loss on the volatility moving down. I entered another entry around the 390 area. Great profits.
Comment:
The price has come back and met the -27% & -50% target, that's the power of setting sl into profit / break even as allowed us to re position.
Comment:
Heading upto the top target on KSM fibb set up now. Will close this idea once we arrive. Thanks for watching.
Trade closed: target reached:
All targets hit here for this trade set up. <3