Not in this trade currently just showing how this played out. Had an engulfing on the Daily and H4. Support turned to resistance on the M15.
Trade active:
Trade active:
Comment:
Adjusted the TP to the -61.8 Fib extension
Comment:
US30 Came close to Stopping out. But respected the H4 Restistance Labeled with Orange line. I'm still in this and TP is based off of the daily -61.8 extention.
US30 Came close to Stopping out. But respected the H4 Restistance Labeled with Orange line. I'm still in this and TP is based off of the daily -61.8 extention.
Trade closed: stop reached:
Stopped out. Keeping an eye on what this does closer to the trend line.
Stopped out. Keeping an eye on what this does closer to the trend line.