Price bounced off support @ 0.71464 and the .382 Fib retracement. Target set at the 1.618 Fib Extension which is in confluence with Resistance Level @ 0.72843
Comment:
correction 0.382 not 0.82 fib retracement.
Comment:
Also Stocastic in the Buy Zone.
Trade active
Comment:
Price has corrected deeper.
If the Bulls are still in control Expect to see retest at the back of the prior down trendline.
If the Bulls are still in control Expect to see retest at the back of the prior down trendline.
Trade closed: stop reached