If it close above triangle on 1H chart, do you think it will reach $3 which is the Fibo 1,618. Please let me know what you think and if I did anything wrong in my reading of the chart. Again I'm here to learn so please teach away in the comments. I do not post that for people to follow me on the idea,I just want feedback and if I am in the right direction in my learning path. Thank you all.
Trade closed: target reached:
I closed position but it might bounce on $3 to go to the next Fibo at $3.80 which is Fibo 2.618.