Small yoyo but UP
Don't think the up move is over. Not on my daily graph at least.
A down correction is preparing. It won't last since bulls
have not finished their up cycle (It's seen only on a daily chart).
Note the level at 1.06303 it's a key level. It'll surely become
a weak resistance level (easily breachable).
Price will possibly climb fast to 1.06303 after the down correction.
watch also level at FIBO(1.272) it's a nice level for Bullish trades since
it synchs with a big old candle weeks ago.
FIBO1.272 is linked to price at 1.07302. To view that level shrink the
graph a bit vertically.
price a 1.07302 will be a real resistance line (=FIBO 1.272)
Don't take my words for granted, do your analysis and trade at you own risks.
If you like my analysis hit the like please, and subscribe also.
thank you
A down correction is preparing. It won't last since bulls
have not finished their up cycle (It's seen only on a daily chart).
Note the level at 1.06303 it's a key level. It'll surely become
a weak resistance level (easily breachable).
Price will possibly climb fast to 1.06303 after the down correction.
watch also level at FIBO(1.272) it's a nice level for Bullish trades since
it synchs with a big old candle weeks ago.
FIBO1.272 is linked to price at 1.07302. To view that level shrink the
graph a bit vertically.
price a 1.07302 will be a real resistance line (=FIBO 1.272)
Don't take my words for granted, do your analysis and trade at you own risks.
If you like my analysis hit the like please, and subscribe also.
thank you
Uwaga
I meant ; FIBO(1.272) is a nice takeprofit level, if price breaches strongly the 1.06303 level upward?
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