Fib. Ret (0.786) on Daily/Weekly Great Reversal AreaSee Chart for details. Get time to get into a bullish trade at around $92 area or lower ($90). Then except a move up to at least $98, with would give you minimum of a 3 (REWARD) to 1 (RISK) or 3:1 ratio of return on your money. Just set your stop lost at $90 or $2 below entry, then go $6 above entry PA.
"W" patterns (as in yellow square) is very good sign of major support and break out soon. Enjoy Trading, both Price Action and the only indicator you really need are your EYES. Keep It Simple!!
