Hitting the resistence, at the avarage price of last short leg. The target is the avarage price, of the last month long leg.
Trendline opportunity. looking at 61.8 retraction as target (110.130)
Good revertion signal at support (1225.50), after reaching 61.8 of the retraction of the previous movement and Trendline (d1) at 1220.00
Trendline opportunity. looking at 61.8 as target
Good revertion signal at support (1225.50), after reaching 61.8 of the retraction of the previous movement at 1220.00. Looking at 1277.00 as last target.
Strong resistance on 0.618 Fibbo. Low risk. What is the best target?