Here we have a trade i have entered, i have noted on the chart specific points.
Will keep updated as the trade plays out within the comments section and manage there... first will be the daily close in ref to the fibb / levels.
Will keep updated as the trade plays out within the comments section and manage there... first will be the daily close in ref to the fibb / levels.
Comment:
We had another test of the support areas and then a large engulfing candle. daily closure here above $42675 will leave a nice 3- pin bar pattern. and that will be directly on the suport levels mentioned.
Comment:
Well here we are, past thru 61.8/50% levels and currently above the 38.2 level. it has been cleared and retested, hopefully we can continue up to the level of resistance labeled around 23.6% level.
Comment:
lower timeframe details:
Comment:
Moving quickly towards target, taking small portions of profits here...
Comment:
was good to take portion of profits as in above comment, we had a breather, i thought it would come around the 100% mark, witha retest of the previous support. however price continued up and stopped short of the target, we had another drive towards the target, and could hit some point today.
Trade closed: target reached