This price went to the moon....
Two bullish equal meassured moves that didnt have strong rejection....
For longer trades u can wait for that pull back all the way to 0.786 fib lvl...
because there u will find previous ressistance that should became support for continuation up-trend.....
BUT for sooner short enrty u should watch for doubble top at 1h timeframe as price hit previous ressistance and RSI is OVERBOUGHT with divergance....
so either way at the moment focus should be on SELL...
Two bullish equal meassured moves that didnt have strong rejection....
For longer trades u can wait for that pull back all the way to 0.786 fib lvl...
because there u will find previous ressistance that should became support for continuation up-trend.....
BUT for sooner short enrty u should watch for doubble top at 1h timeframe as price hit previous ressistance and RSI is OVERBOUGHT with divergance....
so either way at the moment focus should be on SELL...
Trade attivo:
1h doubble top RSI divergance
Trade chiuso: obiettivo raggiunto:
First target hit
secon target still in progress....
secon target still in progress....
Trade chiuso: obiettivo raggiunto