WE CAN SEE PULLBACK ON SUPPORT LINE WITH SMART MONEY.
Price is above of EMA 50 days that is good support line for candles.
I think DAC will be able to rise like that and going to kiss its up trend line (strong one). If price breakout from this up trend, we will be able to open another order ( long ) in pullback.
0.38 is a Fib Ret zone that trend was reversed. 0.618,1 and 2.618 are Fib Ext zones that will be able to reverse our trend, also.
These Fibonacci zones are good area for TP.
Price is above of EMA 50 days that is good support line for candles.
I think DAC will be able to rise like that and going to kiss its up trend line (strong one). If price breakout from this up trend, we will be able to open another order ( long ) in pullback.
0.38 is a Fib Ret zone that trend was reversed. 0.618,1 and 2.618 are Fib Ext zones that will be able to reverse our trend, also.
These Fibonacci zones are good area for TP.
Trade closed: target reached:
Nice!