Following on from our last post on Kishu, we were looking for a correction which we now have!
Price rejected the 61.8 fibonacci and moved up nicely. We appear to be in a minor bullflag.
Trade idea:
Enter on break of bullflag
Stops below the rejected price
Targets:
First Target: Recent highs
Second Target: -0.27 Fibonacci
Third Target: The Moon!
Price rejected the 61.8 fibonacci and moved up nicely. We appear to be in a minor bullflag.
Trade idea:
Enter on break of bullflag
Stops below the rejected price
Targets:
First Target: Recent highs
Second Target: -0.27 Fibonacci
Third Target: The Moon!
