-Close below 7332 (0.236 fib) means : More sideways move. Had bought the fakeout. >> Close position - accumulation is valid though. Rebuy above 6985 (0.5 fib)
-Close below 6985 (0.5 fib) (If not triggers SL) : Uptrend damaged.
Trade closed: stop reached:
-Close @ 7171 --- Loss %4.7
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-Close below 7332 (0.236 fib) means : More sideways move. Had bought the fakeout. >> Close position - accumulation is valid though. Rebuy above 6985 (0.5 fib)
-Close below 6985 (0.5 fib) (If not triggers SL) : Uptrend damaged.