A trade from Ed...

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Ed has posted several trades in comments recently. Here is one from today:

"MRX, 15-minute chart, Fibonacci plotted over the opening range. I entered on a break of the 4th bar's high. The 4th bar was a hammer, and price bounced off the top of the retracement zone and the 5EMA. I exited at the Fibonacci extension for a .35 gain. I hope everyone has a good three day weekend!"

Here is Ed's chart with the trigger bar marked:



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