Caught this D point with a 5pip S/L before i had any pitchfork on nothing, want to know how hit me up with private message. madness how precise this strategy is. all about selectivity.
Educational purpose only, not giving signals, not bragging just sharing
Nothing special yet happening on this chart/pitchfork just thought id share so you can copy it onto your charts and just observe what price will do and how it might/might not interact in the future.
Educational purpose only, not giving signals, use proper risk management if you should trade.
Price broke through 4H descending trendline, came back to retest at the same point of bouncing from ascending daily trend line and 61.8 78.6% Fib. Price is now breaking through orange resistance area, therefore once 2H candle closes above I will be moving my SL to profit. Target 1: 1.3210 (0%) - Target 2: 1.3264 (-27%) to complete ABCD fib pattern.
My trade was ...