Price made a double top (indicates price will move lower)
price hit the support level (marked on the chart) twice ,first hit was a correction to the 61.8 fib level, second hit was a correction for the 50% fib level
three days price was trying top go above the 50% and it failed (price action clearly shows us that there's a potential move to the downside
I'm already short .. you can see the two targets
trade with care .. good luck
price hit the support level (marked on the chart) twice ,first hit was a correction to the 61.8 fib level, second hit was a correction for the 50% fib level
three days price was trying top go above the 50% and it failed (price action clearly shows us that there's a potential move to the downside
I'm already short .. you can see the two targets
trade with care .. good luck
Trade chiuso: obiettivo raggiunto:
2nd target reached
waiting to breakdown this area to reach the 2nd target