Have a couple of different perspectives here: Fibb or Support Resistance approach. Lets see what happens.
Trade active
1st Target for -27% hit, secure 20% profit and move stop loss to break even / in profit.Note
This trade i could not get back to comments to update, however, the trade hit the stop loss on the volatility moving down. I entered another entry around the 390 area. Great profits.Note
The price has come back and met the -27% & -50% target, that's the power of setting sl into profit / break even as allowed us to re position.Note
Heading upto the top target on KSM fibb set up now. Will close this idea once we arrive. Thanks for watching.Trade closed: target reached
All targets hit here for this trade set up. <3
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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.