If the price close below 3.05 then we can expect target #1. Once the line is broken, volume begin to increase as the price move lower. At 2.87 we have Support level and I think that will be enough strong to keep the price.
Signals:
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Signals:
- Three black crows
- Bearish Engulfing breaking the line
- Down volume at SL indicates downtrend
- EMA 9 crossing EMA 50
- MACD line crossing Zero line
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Always do your own analysis and trust your intuition!
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Trade closed: target reached:
That was fast.