SpinTrades

Moving up towards next fib

Long
SpinTrades Updated   
I wish I had posted this last night! The range identified was tightly coiling price action and broke to the upside through the fib where it will hopefully re-test support and move higher.
Comment:
Following the breakout and a successful retest of the fib, it failed and has so far found support at the lower fib and is back in the box.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.