An intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement close to 50.00% of Fibonacci retracement. Price is likely to oscillate within the parallel channel. Market is currently closed. No market activity presented so far. We ll try to find an entry price between 53.93 - 54.22 just after the opening bell. Furthermore, a complimentary "If Done" analysis that maximizes exposure to risk, but at the same time exchanges acquired profit to zero losses in order to double initial profit. DETAILS ON THE CHART
NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST SUCCEEDED PERFORMANCES NOTE: "IF DONE" ANALYSIS, WHEN PRESENTED, REFERS TO 80% OF THE RECORDED BACK TESTED PAST SUCCEEDED PERFORMANCES. DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.