We have just completed the type -1 reaction off of this pattern to the .382 target.
Lets wait for the pullback to the .786 ($57.87) XA of this pattern for a type -2 reversal.
If we can get a break AND close above yesterdays 58.70 we can immediately look towards targets $59.5, $60.25, and $63.
Lets wait for the pullback to the .786 ($57.87) XA of this pattern for a type -2 reversal.
If we can get a break AND close above yesterdays 58.70 we can immediately look towards targets $59.5, $60.25, and $63.
Comment:
price absolutely blew through the stop loss.
Trade closed: stop reached