Price is moving along a descending trend line hopefully to fill the gap. Our initial target would be to fill in the gap @112.37 and then further to 23.6 retracement @ 112.08
Trade Type: Trend Reversal
Price: 113.50
Tgt 1: 112.37
Tgt 2: 112.08
Stops: 114.36 (Above previous highs) or hourly close above the falling trend line
R/R Ratio: 1.4
Trade Type: Trend Reversal
Price: 113.50
Tgt 1: 112.37
Tgt 2: 112.08
Stops: 114.36 (Above previous highs) or hourly close above the falling trend line
R/R Ratio: 1.4