RSI 14 does not look overbought and MACD line is getting always closer to the SIGNAL line. Furthermore, Bearish Momentum is getting weaker and weaker, as suggested by the red histograms. TARGETS can be set in proximity of Fibonacci Levels, drawn thanks to FIBONACCI EXTENSIONS TOOL.
Do not miss the trade!
Remember to put a stop loss in order to secure your capital! Not a financial advice. Enjoy your trade!
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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.