Breakout and retest of ascending trend line
Double top formation
Take profit and Stop loss calculated using Fibonacci
After third take profit, price is highly likely to fall to the furthest support from where the trend line originated
Double top formation
Take profit and Stop loss calculated using Fibonacci
After third take profit, price is highly likely to fall to the furthest support from where the trend line originated
Trade active:
All is going as planned despite the upward rally when the market opened.
PATIENCE PATIENCE PATIENCE
PATIENCE PATIENCE PATIENCE
Trade closed manually