Uptrend continuation.
As predicted before, after touching 9200 we saw a retracement to 0.23 Fib.
After losing 0.23 Fib, next major support:
8275-8075
7800
Below 7350 means bearish.
As predicted before, after touching 9200 we saw a retracement to 0.23 Fib.
After losing 0.23 Fib, next major support:
8275-8075
7800
Below 7350 means bearish.
Trade active
- Daily candle closed with bearish engulfing, after breakdown of trendline support.- Testing 0.23 Fib support.
- Aroon indicates sell signal.
Will close my short at 9275 and 8675.
Hope we will get lucky to buy at 8250.
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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.
Related publications
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.