Entires @ 0.382, 0.500, 0.618 retracements of previous swing high (based on risk preference)
Stops @ new low + trendline break (invalidation point)
Targets @ 0.500 retracement of major previous downswing
There is 3 failed tests @ 0.382 before but the newest high put the setup back in to play. Exhaustation signs in the current range should be monitored closely.
Constructive comments are welcome
Stops @ new low + trendline break (invalidation point)
Targets @ 0.500 retracement of major previous downswing
There is 3 failed tests @ 0.382 before but the newest high put the setup back in to play. Exhaustation signs in the current range should be monitored closely.
Constructive comments are welcome