We hada small fakeout, built a small Head and Shoulders, I expect we drop through the red support to 8950, retest the built resistance that was used as support and drop further to ~8450, the 0.618 Fib.
Trade active:
There you go :)
Comment:
We have a small bullish divergence on the RSI (<45min + 1H Charts), I expect to move a bit higher first before we drop further.
Trade closed: target reached:
there goes the bounce higher, idea is invalid with a furtherdrop, we broke resistance
