I couldn't see a thread like this in the list, but this chart is being followed nicely so far.
The second target from the Bull Flag/Ascending Triangle lines up nicely with the 2.618 Fib level of the retrace from the top of the flagpole (32c). This is where I'm looking to take some profit.
Price rejected from the 1.618 fib level is currently testing the first bull flag target (light blue).
It's also helpful that we're in a trending channel.
Not bad for just drawing some lines on a chart.
BKT Chart
-
- There are more pages in this discussion • 194 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
