Forgot to publish this idea earlier but it seems to be working out.
The Hourly bearish trend resistance is broken and it seems like a trend reversal to me.
I am predicting that it will at least go to the 0.66 Fib Level where I would close the trade and open a short trade after doing some analysis.
This is a quick trade for quick profit but can be a little risky as well.
The Hourly bearish trend resistance is broken and it seems like a trend reversal to me.
I am predicting that it will at least go to the 0.66 Fib Level where I would close the trade and open a short trade after doing some analysis.
This is a quick trade for quick profit but can be a little risky as well.
Comment:
This trade was closed in profit as per this analysis. Cheers!