Can you help me understand how you decided to have the target positions at 690/720, as we don't have any support or resistance level over there?
srikartiram
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@tomjm1, Good question, i apologies for not mentioning about it.
I'm just a price action trader, at times i use Fibonocci for finding near by targets. Its kind of Cup & Handle pattern too.
If you connect swing high (610) and swing low (400) with fibonocci - you will get 720-740 as a target (Fib 1.61)
If you connect the handle swing high (610) and swing low (510) you will get 690 as target (Fib 1.61)