Been awhile since i posted an update. I have not done much trading. I have here a possible trade forming over the next 24-48 hours. I have two moving averages based off the fibonacci 5 and 13 lines. Red is 5, blue is 13. As e see they are about to cross over, though we are in a zone of resistance. Possible trade here would be if we break past resistance today and close above it. As long as the averages cross and the mony flow indicator remains on a positive track, may be good entry for a trade.
Using pivot points $6888 would be the first target on my list for possible profits. I the price rises and closes above the pivot point, this is a good bullish signal with potential for hitting up to thr 7400 range. Of course we may not even see the resistance break today so we keep our eyes open and be patient.
Using pivot points $6888 would be the first target on my list for possible profits. I the price rises and closes above the pivot point, this is a good bullish signal with potential for hitting up to thr 7400 range. Of course we may not even see the resistance break today so we keep our eyes open and be patient.