Bullish Retracement just complete fibo at 261.8
Now it's time to continue Bearish Trend
However, there are 3 SNR must be break out in order to go down
1) 116.14
2) 115.91
3) 115.67
As we know, every movement up or down will follow by retracement
So, the breakout down must happen before price start to retrace
if failed to break these price, retracement become trend
Now it's time to continue Bearish Trend
However, there are 3 SNR must be break out in order to go down
1) 116.14
2) 115.91
3) 115.67
As we know, every movement up or down will follow by retracement
So, the breakout down must happen before price start to retrace
if failed to break these price, retracement become trend
Note
Now waiting for Divergence before SHORT via StochasticNote
Divergence already appear Then follow by Bearish Engulfing
Next price target is 113.71
Note
already at price target
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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.