An intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement close to 61.82% of Fibonacci retracement Market is currently closed. We ll try to find an entry price between 10.40- 10.50 just after the opening bell.
NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
DETAILS ON THE CHART DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
Trade closed: target reached
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An Elliot Wave study to justify our strategy. (Details on chart)