The market is definitely in uptrend, reaching the resistance at 76.467
We expect a short taking our profit at 74.620 (33% Fibonacci, or a TP2 at 73.124, 66% Fibonacci, if the price breakout the support ).
In a situation where the price could bounce on the main trendline, get ready for a long.
Let me know if you like our idea and feel free to reply in the comments with your opinion!
Enjoy Traders!
We expect a short taking our profit at 74.620 (33% Fibonacci, or a TP2 at 73.124, 66% Fibonacci, if the price breakout the support ).
In a situation where the price could bounce on the main trendline, get ready for a long.
Let me know if you like our idea and feel free to reply in the comments with your opinion!
Enjoy Traders!
Trade closed: target reached:
The trend followed our idea and we got our target! Stay tuned for our next analysis!