1. Ranging market trading sideways in a consolidation
2. Last leg up failed to hit resistance and has now broken the blue trendline and hit support
3. It retraced back towards trendline and failed to continue its rally
TP1 at next level up support which is a 50% Fib
TP2 at next 78% Fib
Trade active:
TP1 reached. Waiting for the pull back to buy again. If you're in it and wish to go into TP2 with your current entry - good luck but make sure you lock in profits
Trade closed: target reached