1D TF Analysis
Well respected Ascending Channel Printing Higher Highs and Higher lows
with a new ATH Printed on the 2 June I would like to see a
back test of the $590/$600 * 0.618 Fib region before continuation to the upside targeting the
1-1 Fib Extension for a 25% move which sits at the middle of the channel and the 1.618 at the
top of the channel for a 45% gain.
I have highlighted the box for entry and depending on your appetite for risk
you can place SL below the last swing low at 530 or more wider at 450 again this is for you to decide
this is just an example .
Plan the trade and trade your plan , Know your invalidation and always use a SL .
Like and follow for regular analysis and signal setups and check out the related ideas below .
Well respected Ascending Channel Printing Higher Highs and Higher lows
with a new ATH Printed on the 2 June I would like to see a
back test of the $590/$600 * 0.618 Fib region before continuation to the upside targeting the
1-1 Fib Extension for a 25% move which sits at the middle of the channel and the 1.618 at the
top of the channel for a 45% gain.
I have highlighted the box for entry and depending on your appetite for risk
you can place SL below the last swing low at 530 or more wider at 450 again this is for you to decide
this is just an example .
Plan the trade and trade your plan , Know your invalidation and always use a SL .
Like and follow for regular analysis and signal setups and check out the related ideas below .
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