According to my idea of August 09 the price will continue decrease to the level of support 1680. In case of overcoming this level down level 1650-1635 will act as the purpose (that is one of levels according to Fibonacci). Earlier the price returned to a downside channel and continued the movement down. Therefore I continue to hold the short position. The idea remains in force.
Information provided is only educational and should not be used to take action in the market.
Information provided is only educational and should not be used to take action in the market.
Trade chiuso: obiettivo raggiunto:
The first objectives (1680) are achieved!
Trade attivo:
I wait for accomplishment of the second purpose.
Trade chiuso: obiettivo raggiunto:
The second objectives are achieved!
