Retracement before heading for 1240
Short retracement before going up to around 1280
Targert old high. Too optimistic to make a new high?
Long - Fib 23,6 til extenstion 1,618
Support on fib 61.8 and could be going for extention level
NIce candels in bottom of the channel
lONG TERM BULLISH AS BULLISH CANDLESTICK ON WEEKLY CHART AT 61.8 LEVEL COULD INDICATE A BULLISH MOVE TOWARDS 0.82 IS IN SCOPE
Resistance around 61.8% FIB and 1.0000 which seems like a strong level. Potentsial target 1.05 which is FIB 61.8%
Resistance around 145.5 where 200MA is on daily chart and 61.8% FIB is on weekly chart. Opens opportunity to go short and aim for 138.1 (FIB 38,2), 135,8 (FIB 50%) or 133,7 (FIB 61,8%). Supporting stochastics > 80
Seems like support on FIB 61.8 on W chart + support at 200MA on Daily chart. Going long could provide a good risk reward ratio. Pay attention to potential resistance around 0.7300 as this would represent the top of a pennant
Seems like support around 1.06 holds, and retracement to FIB 0.618 could give a good R/R
Recently made a higher low on weekly chart, even if the second high is lower in the pennantat break to the top around 0.7600 could lead to 0.8000 where 200MA, FIB extention andsupport from May could be found, Also stochastics is in a good area for long
Seems like resistance around 4600 is broken, which might suggest to test extention levels at 4700 and 4860. Would aim look for buy opportunities, or potentially look for a good long entry when/if retracing back to 4600 area again.
Long opportunity around 1850-2000. Could be an early entry for a trend reversal
Longer tails and support seems around 2400. Short term might retrace to FIB 61.8 around 2650- 2700 before going down to 2000 where strong support waits ICEUSA:CC1!