After a bullish move up, we have peaked just above previous monthly highs for August 2017 and September 2009. In this next phase, we are looking to break the current uptrend channel. This could be a good opportunity for a short position with the forming of a double top on the 3hr timeframe, alongside the MACD showing bearish divergence.
Target #1: 0.286 fib (0.92171)
Target #2: 0.382 fib (0.91550)
Target #1: 0.286 fib (0.92171)
Target #2: 0.382 fib (0.91550)
Trade chiuso: obiettivo raggiunto:
Target #1 met
Trade chiuso: obiettivo raggiunto:
Target #2 met!