If it breaks the 3,900 Mark and maintains that lvl for a couple of days, I would say will go back to test the 4200 high, then $4,500 according to Fib Extension.618. I hope I'm not right like last time when $3,600 seemed impossible
Trade attivo:
Big rejection at the 3,900 key level, however still inside the uptrend channel
Trade attivo:
broke the channel, lets wait for next week and see if retest the bottom of the channel
Commento:
retesting the 3,900 from below.
Trade attivo:
Retesting $3,900 level...Key Level as shown with the tick blue line
Trade attivo:
Retested the $3,900 barrier....in its way to $4,500
Commento:
Seems like Colombian elections along with the recent dollar strength are feeding this trade.
Commento:
$4100 new resistance.., will see
Commento:
$4100 still a strong resistance, seems to be finally bending today. on its way to $4200
Trade chiuso: obiettivo raggiunto:
Well, never expected this to happen this fast. But definitely, political issues speeded this up