50% retracement after new higher high - this is also a point of control where there are alot of buyers and volume - looking to take this for a buy. use risk management and protect profits once in blue
Komen:
trade went 1180+ pips in profits and some partials were secured. price hit the 0.236 fib which is a pivotal reversal zone and completely flushed out to fill the wick and lower from September 7th. i was stopped out at break even. letting the market settle before next move.