$NEO - Break of Structure - Pullback to a new high

Looks like NEO just barely broke the swing high after hitting resistance and bouncing back. Look for a retracement for a long around 16.85. This is a 4 hour chart so you might be able to pull in some good shorts if you find the right setup on a 15 min time frame. Like if you can keep finding patterns like these on the way down, why not sell too?

Giao dịch đang hoạt động:

Redrew fib to low to high and entered on the 62%, with spread at 70.05. Aiming for 21.00 at the symmetrical turn

Bình luận:

A better look at fib and entry

Giao dịch đang hoạt động:

Taking profits.

Bình luận:

Hold on it it, it's still going to go higher. it created equal highs which is buy side liquidity. You'll see another run above this.

Bình luận:

Told ya :)

Bình luận:

Took 50% profit with this. With this fib that has the optimal trade entry above mine, it has hit the symmetrical level. Now expect a retracement. I'll be looking to see where too.
but here's the fib chart.