Simple setup I'm using.
Support= Channel & / horisontal support.
Open=0,618
TP=Fib targets = channel targets.
SL=375$ (Start of leg to 444$)
Wick possible to extension after. => 500
Support= Channel & / horisontal support.
Open=0,618
TP=Fib targets = channel targets.
SL=375$ (Start of leg to 444$)
Wick possible to extension after. => 500
Comment:
Broke through wedge, you can buy on re-test (safest) or right now.
Trade active
Comment:
SL/ moved to 400$
Trade active:
price rolled over and broke through my SL, in this case would have been better to wait for a re test on the wedge. This is around 397$ on this candle.
Trade active
Comment:
Comment:
Bullish engulfing 4h, i expect to see more upside now
Trade closed: stop reached
Comment:
A looser stop would have been the thing :D