The Daily (D) time frame has made an inverted hammer off the top of the Weekly (W) consolidation zone.
On top of that price is wicking off the .786 FIB levels from a minor W FIB from 1/14/24.
Looking for price to push back down to a minimum the mid point of the W consolidation zone that started 1/29/24.
On top of that price is wicking off the .786 FIB levels from a minor W FIB from 1/14/24.
Looking for price to push back down to a minimum the mid point of the W consolidation zone that started 1/29/24.
Trade closed: target reached
Daily trendline has broken and is retesting so I am now looking at buys. This was a nice runCatch profits with me!
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Catch profits with me!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.