The market is definitely in uptrend, reaching the resistance at 76.467
We expect a short taking our profit at 74.620 (33% Fibonacci, or a TP2 at 73.124, 66% Fibonacci, if the price breakout the support ).
In a situation where the price could bounce on the main trendline, get ready for a long.
Let me know if you like our idea and feel free to reply in the comments with your opinion!
Enjoy Traders!
We expect a short taking our profit at 74.620 (33% Fibonacci, or a TP2 at 73.124, 66% Fibonacci, if the price breakout the support ).
In a situation where the price could bounce on the main trendline, get ready for a long.
Let me know if you like our idea and feel free to reply in the comments with your opinion!
Enjoy Traders!
Trade closed: target reached
The trend followed our idea and we got our target! Stay tuned for our next analysis!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.