Its been a long-term uptrend. Expecting a pullback in order Substantial retracement. Overbought at H4 timeframe and a divergent spotted at Daily timeframe. Entry level, S/L and Targets are shown on the chart. Hit like if you agreed, otherwise throw your thought at the comment column. Have a great opportunity for all of you for the coming week.
The price on retracement and need more to go downs. Apply Tight S/L , incase Ukraine war news impact to highs volatile and gone wrong side. Entry Sell, S/L and targets are shown clearly on the chart. hit like if you'd agreed, otherwise Write your thought and criticize at comment column. Wish you all Good Luck and great opportunity for coming weeks.
Progression form my last post (yellow line) and downtrend still be our bias. .. But today's post will be an idea of reverse possibility (Dotted Line). Spotted Divergent on Weekly timeframe, only if bouncing at major support and forming Double Bottom. we'll needs Days of Confirmation for Bullish trending reversal. .. The idea shown clearly with the chart. post...
Retracement level fib38,2. Retested breakout level. A continuation trend at this level with new reasonable target 1.073. On flip idea, upward breakout will target 1.136.
Short Idea ..not financial advise. Risk and be wise.