M1: Ongoing trend reversal which has been triggered by a doji pattern,
Current candle is for the time being confirming this bearish price action (long black
candle).
In addition, the 38.2 % Fib ret @ 45575, has nearly been reached, low so far being 42'185.
Monthly closing level at the end of May will be crucial !!!
W1 : Last W1 closing @ 46'444 is below the Mid...
RSI depicts a weakness uptrend resulted to a DIVERGENCE. I need a correction and fill the gap between 650 to 720...Watch Support. Smart Money also going out due to pointing downward. Initial target after reaching fibo level will be 809.50, 2nd target will be 1058.16, Cutloss below 582...Goodlock Traders
