Breaking out of an H1/H2 range. I like the volume increase that accompanied the gap up or the first attempt to break the range.
The range is at 50% fib.
H2 attached
The range is at 50% fib.
H2 attached
Note
First Target hit at 61.8FibWe can fully close the trade or partially close it allowing for more profit
Note
Target hit at 61.8 Fib.We can either fully close the trade or partially close it.
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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.