- As seen from the illustrated chart, we broke down from the 3.10 level and met our shorted target (vertical green arrow.)
- While we continue to build up momentum heading sideways in the descending triangle our next key target of resistance is the 0.786 Fib @ 2.92.
- After breaking this level with continuation to the upside, the Mid term target stands at the 1.618 Fib, 3.38.
(Not financial advise, trade at your own risk)
- While we continue to build up momentum heading sideways in the descending triangle our next key target of resistance is the 0.786 Fib @ 2.92.
- After breaking this level with continuation to the upside, the Mid term target stands at the 1.618 Fib, 3.38.
(Not financial advise, trade at your own risk)