Hi Guys!
As we see my previous call did play out!
This trend looks very healthy to me! We retraced back to 0.618 Fib level and formed another Head & Shoulder formation on 1 H around 3900 area.
We had a wonderful breakout the upside!
Now we can go and retest 4400 areas where we rolled over. I expect to break it this time and head to 4800 areas.
Indicators are looking positive today.
Let us keep an eye on the 4400 areas first...
Happy trading!
*This is not an financial advice, this is only an idea. Do your own research and act on your responsibility.
As we see my previous call did play out!
This trend looks very healthy to me! We retraced back to 0.618 Fib level and formed another Head & Shoulder formation on 1 H around 3900 area.
We had a wonderful breakout the upside!
Now we can go and retest 4400 areas where we rolled over. I expect to break it this time and head to 4800 areas.
Indicators are looking positive today.
Let us keep an eye on the 4400 areas first...
Happy trading!
*This is not an financial advice, this is only an idea. Do your own research and act on your responsibility.