Uptrend continuation.
As predicted before, after touching 9200 we saw a retracement to 0.23 Fib.
After losing 0.23 Fib, next major support:
8275-8075
7800
Below 7350 means bearish.
As predicted before, after touching 9200 we saw a retracement to 0.23 Fib.
After losing 0.23 Fib, next major support:
8275-8075
7800
Below 7350 means bearish.
Trade active:
- Daily candle closed with bearish engulfing, after breakdown of trendline support.
- Testing 0.23 Fib support.
- Aroon indicates sell signal.
Will close my short at 9275 and 8675.
Hope we will get lucky to buy at 8250.
- Testing 0.23 Fib support.
- Aroon indicates sell signal.
Will close my short at 9275 and 8675.
Hope we will get lucky to buy at 8250.
