Brief SELL opportunity before expected to go back up to weekly trend line. Double top and potential 2618 adds stronger case for entry. Expected to reach target 3 (2618 fibonacci extension). Or if you don't like counter-trend, wait until it bounces from the bottom trend line (weekly or monthly).
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Correction, 1618 extension anticipated and reached...
Comments
Balazs
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Still some up move expected after flag breakout to weekly trend line, then a big drop!
bassel.hadak
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NICE ONE :)
Balazs
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Dropped down as anticipated and now almost exactly at 2618 fib extension :)
Balazs
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Correction, 1618 extension...
bassel.hadak
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i would not think about up trend for time being , im staying away thinking about short from border ,
two scenarios in my chart