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Adjusted Fibs, Stops and Targets
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1st target at 38 fib
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For the price to forge an ABCD pattern where the movement from A to B is = to the movement from C to D (ab=cd pattern), we need the price at the 38% levels
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RSI Structure*
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Manage your trades:
At 38% from previous move, RSI structure.
A projection as an AB=CD pattern will send the price to the 2nd target the 618.
At 38% from previous move, RSI structure.
A projection as an AB=CD pattern will send the price to the 2nd target the 618.
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Monthly Chart to keep in consideration :)
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Structure and price action update:
Trade closed: stop reached:
