SHOP just violated the trend line on H4.
It brokeout from a key zone of 425-414.
On D2 chart, price crossed MA 50. Moreover the sloop of the MA is up, showing the market is still in an uptrend.
Target 500 as the market bounced back from 76.4 so the potential target would be -18 of the fib extension.
It brokeout from a key zone of 425-414.
On D2 chart, price crossed MA 50. Moreover the sloop of the MA is up, showing the market is still in an uptrend.
Target 500 as the market bounced back from 76.4 so the potential target would be -18 of the fib extension.
Trade attivo:
Taking half the position off in profit. Half position still active with trailing stop