TradersKental

TradersKental

The Fibo Retracement indicates the bullish movement has reach the 261 and 423 zone in which can be sell/short. It is possible the bullish movement can reach up to 1.3985++ . This is just my 2 cents of analysis. Happy trade!

TradersKental

Daily Chart: 1. Candle Break (CB1) occured 2. Added with Breaking Mid Bollinger Band (Mid BB) to confirm its downtrend (Short) 3. Fibo are placed to estimate the price direction to hit 161 (TP1) It's just a newbie analysis:)