After making a double top pattern, seems the in short term we r turning bullish as we making HH and HL.
Now we r facing the daily ks line (green, 6800 ), which could provide some resistance, a close above will bring us to the 38 fib 7400.
Now we r facing the daily ks line (green, 6800 ), which could provide some resistance, a close above will bring us to the 38 fib 7400.
Comment:
double bottom i meant :)
Comment:
our resistance still holding the price, watch for this channel
Comment:
short side won, now at support
Comment:
downside pressure still in, broken the channel , now facing the 618 fib, close under it we face the bottom
Comment:
bounced from the 618 fib , and going to face the 6800 again
Trade closed: target reached:
finally 7400