120% fibo extension for reversal is active. I predict he will uptrend again.
Note: Daily trend is still at Downtrend. Thus, must take profits at the zone of wave IV (80-100% fibo)
Thanks for looking my ideas
Note: Daily trend is still at Downtrend. Thus, must take profits at the zone of wave IV (80-100% fibo)
Thanks for looking my ideas
Trade closed: stop reached
67 bibs loss
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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.