Looking for a continuation on this bullish run. I do see possible retracements at key demand levels which also line up with important Fibonacci and support levels. Right now I'm long on this pair until market gives an indication to go other wise.
Comment:
Stock hit key levels retraced around the 61.8 Fib level and my prior trendline hasn't broken HH or HL as of yet. Does have room to retrace. Watching closely.
Trade closed: target reached:
Nice described retrace for continuation bullish move.