If it breaks the 3,900 Mark and maintains that lvl for a couple of days, I would say will go back to test the 4200 high, then $4,500 according to Fib Extension.618. I hope I'm not right like last time when $3,600 seemed impossible
Trade active:
Big rejection at the 3,900 key level, however still inside the uptrend channel
Trade active:
broke the channel, lets wait for next week and see if retest the bottom of the channel
Comment:
retesting the 3,900 from below.
Trade active:
Retesting $3,900 level...Key Level as shown with the tick blue line
Trade active:
Retested the $3,900 barrier....in its way to $4,500
Comment:
Seems like Colombian elections along with the recent dollar strength are feeding this trade.
Comment:
$4100 new resistance.., will see
Comment:
$4100 still a strong resistance, seems to be finally bending today. on its way to $4200
Trade closed: target reached:
Well, never expected this to happen this fast. But definitely, political issues speeded this up
