Details are on the chart.
1. The area in the box is consolidation
2. A breakout happened and closed above the consolidation
3. A pullback happened to the 786 retracement level ( I used the fib on the closing price only )
4. A double bottom pattern on the 15min time frame
This idea is based on Fibonacci Retracement , and Breakout Trading
Trade at your own Risk!
1. The area in the box is consolidation
2. A breakout happened and closed above the consolidation
3. A pullback happened to the 786 retracement level ( I used the fib on the closing price only )
4. A double bottom pattern on the 15min time frame
This idea is based on Fibonacci Retracement , and Breakout Trading
Trade at your own Risk!