1 first sign of strength:
the biggest volume in the last few days is the buyback of the fall,
have closed above the middle of the range and above the previous closing.
2 may be an absorption candle.
if we close the day above yesterday's opening,
is to confirm the local power of the market.
the biggest volume in the last few days is the buyback of the fall,
have closed above the middle of the range and above the previous closing.
2 may be an absorption candle.
if we close the day above yesterday's opening,
is to confirm the local power of the market.
Trade closed: target reached
new Hi>prev Hi,
new Lo>prev Lo
confirm Up trend
1-st target 55.56 (38,2 % fibo)
2-nd target 57,49 (50% fibo)