DISCLAIMER - This analysis does not warrant any immediate buy and sell. Every trader should do their analysis themselves and have proper risk management executed perfectly in accordance with their trading plan.
Guides:
Red - Resistance Trend Lines
Green - Support Trend Lines
Price has broken the Green Trend Line. If the trend line holds, there's a high chance that it would go down to 1.17673 (1.618 fib level) more or less.
Guides:
Red - Resistance Trend Lines
Green - Support Trend Lines
Price has broken the Green Trend Line. If the trend line holds, there's a high chance that it would go down to 1.17673 (1.618 fib level) more or less.
Comment:
There is a possible change of direction since the momentum of the volume is decreasing. Need more stars to be aligned to conclude such change.
Trade closed: stop reached:
Price came back at trend lines, confirming the change of direction.