The Daily (D) time frame has made an inverted hammer off the top of the Weekly (W) consolidation zone.
On top of that price is wicking off the .786 FIB levels from a minor W FIB from 1/14/24.
Looking for price to push back down to a minimum the mid point of the W consolidation zone that started 1/29/24.
Trade active
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I'm going to go eat dinner and wait for a real break of structure to get in
Trade active
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Personally AU wore my rear end out Mon-Wed. So needless to say, my account is negative because of it. BUT I will get it back. ======== Still looking for more sells to continue on AU for this upcoming week.
Trade closed: target reached
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Daily trendline has broken and is retesting so I am now looking at buys. This was a nice run