SIDEWAYS RETRACEMENT OR EXTENDED WAVE
If price action falls below symmetrical triangle then a retracement 14.90 area is a buy.
If price action holds through or breaks above symmetrical triangle we may see an extended wave and looking to take profits around 18.38 level
If price action holds through or breaks above symmetrical triangle we may see an extended wave and looking to take profits around 18.38 level
Kommentar:
Main idea proved astonishingly accurate but exact price levels were a bit off, ended up taking profits at 17.55. Still learning on how to set appropriate fib levels. Happy Trading!
Kommentar:
LEVEL HIT!!!