Thought I'd post this chart..
GU, price breaks down through strong support.
Retraces back to it and stalls, beob forms..
Sold at break of beob, tp placed at ppz coinciding with 50 fib of the major move up.
Tp hit.. almost to the pip
some could move to be after taking a partial profit here, however, my position size was too small to allow for a partial tp
It's amazing what j16 pa combined with s/r can do..
have a good weekend everyone
GU, price breaks down through strong support.
Retraces back to it and stalls, beob forms..
Sold at break of beob, tp placed at ppz coinciding with 50 fib of the major move up.
Tp hit.. almost to the pip
some could move to be after taking a partial profit here, however, my position size was too small to allow for a partial tp
It's amazing what j16 pa combined with s/r can do..
have a good weekend everyone