Retracement back to entry level reached and now going into profit.
Trade closed: stop reached
Trade started off well, retraced back to entry point and reversed back in direction of main trend however has since reversed again and has been stopped out.
Note
Weekly trendline has now been broken so there is an opportunity to enter short on a King's Crown setup with a reversal back to 72% of the last wave down on the 4 hour chart.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.