50% Fibonacci reached, Possible Up Side Impulse ahead
Divergence found in 15m chart in MACD
Multi Time Frame Stochastic shows 30m, 1h and 4h Over Sell.
50% of Fibonacci Retrace reached.
Price close to Support Area.
For safer entry, wait for both MACD Lines to cross above 0 and wait until price crosses up 38.2% Fib Level.
Target1 is 61.8% of Fib Extension (1.1030)
Target2 is 100% of Fib Extension (1.1120)
Multi Time Frame Stochastic shows 30m, 1h and 4h Over Sell.
50% of Fibonacci Retrace reached.
Price close to Support Area.
For safer entry, wait for both MACD Lines to cross above 0 and wait until price crosses up 38.2% Fib Level.
Target1 is 61.8% of Fib Extension (1.1030)
Target2 is 100% of Fib Extension (1.1120)
Trade closed: target reached:
TP2 reached.