Hello MEGAGENTE.! Here I bring you a mid-term analysis for what this pair is, if we see it draw in Fibonnacci but from the maximum to the minimum, let's say historical, marked in turn by those green and red lines that made a descending wedge, which by they usually break up just like it did, it broke and now I use that green line (old resistance) as support. As far as it can go or where I expect it. ????
FAST POINT: 0.5 fibo = 0.28 $ approx.
MEDIUM TERM POINT: 0.6 fibo = 0.30 $ approx.
LONG TERM POINT: 0.7 fibo = 0.40 $ approx.
But it must be taken into account that this pair is in a great recovery, finally breaking that already mentioned pattern, and if we see well the EMA and the WMA are pointing downwards as if looking to close. so anything can happen. I already have my ticket and those as I told you my possible points of sale for the next few days.
succeed for everyone.!
FAST POINT: 0.5 fibo = 0.28 $ approx.
MEDIUM TERM POINT: 0.6 fibo = 0.30 $ approx.
LONG TERM POINT: 0.7 fibo = 0.40 $ approx.
But it must be taken into account that this pair is in a great recovery, finally breaking that already mentioned pattern, and if we see well the EMA and the WMA are pointing downwards as if looking to close. so anything can happen. I already have my ticket and those as I told you my possible points of sale for the next few days.
succeed for everyone.!