just crossed an important fib extension, the next one is at 8k. Stop loss trails the base of the parallel channel leading up. Price broke the upward channel 2 times but only went 1% below the channel. Advisable to put your stop loss 1.5% below channel and ride it out. If we go beyond 1.6 ext, we will probably see 2.6 which is around 10-11k.
Happy trading
Happy trading
Commento:
\channel broke down, lets see how support at 6500 will do