The first thing I noticed is the signs of a bearish divergence, and also the MASD made the cross go down. Next, I found that we fought off level 1 on Fibonacci and are heading to the level of 0.786. This is an important level, since this level intersects with the last line of resistance. I also noticed that we are on the fourth korektsionnuyu wave by Eliot. If this is the case, then another jerk awaits us. I also see a positive movement according to candlestick analysis.
If the 0.786 Fibonacci level is broken, then in my opinion we are expected to fall, possibly to the level of 6000.
Conclusions: I expect a short-term decline, with further growth to the level of 7700.
On the chart, I also set the levels for short sales and possible bottom. I recommend buying and selling parts according to Fibonacci levels. To all happy trading)
If the 0.786 Fibonacci level is broken, then in my opinion we are expected to fall, possibly to the level of 6000.
Conclusions: I expect a short-term decline, with further growth to the level of 7700.
On the chart, I also set the levels for short sales and possible bottom. I recommend buying and selling parts according to Fibonacci levels. To all happy trading)
Trade active:
Take-profit is achieved. trade is still active. The stop-loss is set at 7700
Trade closed: stop reached
