An intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement close to 50.00% of Fibonacci retracement
NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
We ll try to enter into the correction of the uptrend movement close to 50.00% of Fibonacci retracement
NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
Trade closed: target reached:
Best regards
Best regards
Comment:
A The Butterfly Pattern revealed to justify our strategy.
Comment:
Check out how the On Balance Volume Oscillator (OBV) breaks out its support level along with relevant price trend-line break out.
Comment:
Check out how the Stochastic RSI Oscillator signals the downtrend movement when braking the 80.00 zone coming from 100.00 overbought zone.