I expect a small bounce. Sellers are exhausted, divergence is slowly forming on RSI and fast MACD.
Place your stop below the blue line : 0.618 fib level
TP on 0.38 and 0.5 levels
Place your stop below the blue line : 0.618 fib level
TP on 0.38 and 0.5 levels
Trade active
TP1: ReachedTrade closed: target reached
Fortunately we had TP1
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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.