Even strong uptrend should have some corrections and fibo 38.2 is often the target level for correction in a strong uptrend. In this case, fibo 38.2 and bac-test levels are in the same area!
I think, have some probability in this scenario right now because first target level is reached and we have the required formations for now.
Sure always can go higher or lower
I think, have some probability in this scenario right now because first target level is reached and we have the required formations for now.
Sure always can go higher or lower
Let's maximize our probability the rest is only question of risk management!
DISCLAIMER
Taking a risk on the markets based on this idea is only and only your decision. You profit is your success and you are only responsible for your potential loss.
DISCLAIMER
Taking a risk on the markets based on this idea is only and only your decision. You profit is your success and you are only responsible for your potential loss.