As I said last weeks...I will continue to follow BUY until the area 0.88950 but first I will wait for another rejection in the area of the trend line from 0.86400
...did not reject from the trend line and closed just below it which makes me think of SELL to the Fibonacci area 786 from where in case of a rejection for at least 1 day I will search again and BUY to the area 87500 and even 88900
THIS WEEK ...EG is in a zone of consolidation and range between levels 618 and 786 Fibonacci but as the trend line shows it is an upward trend!
this week I will look for BUY up to 0.87500 as long as it does not close for 1 day below the trend line that overlaps above the 786 Fibonacci level
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GREAT ATTENTION:
*This information is not a Financial Advice.
...did not reject from the trend line and closed just below it which makes me think of SELL to the Fibonacci area 786 from where in case of a rejection for at least 1 day I will search again and BUY to the area 87500 and even 88900
THIS WEEK ...EG is in a zone of consolidation and range between levels 618 and 786 Fibonacci but as the trend line shows it is an upward trend!
this week I will look for BUY up to 0.87500 as long as it does not close for 1 day below the trend line that overlaps above the 786 Fibonacci level
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.