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adi0149

MCO / Dollar potential breakout

Long
adi0149 Updated   
BITTREX:MCOUSD   None
Trend Analysis Chart Patterns Technical Indicators
4
0
trendanalysis chartpattern indicator
MCO is also in the buyzone. Volume is decreasing when price lowers, MACD and Stoch RSI turning upwards.

Target at next fib level.
Trade active:
Looks like it's heading towards target. Stop-loss below the .786 level.
Trade closed: target reached
Comment:
A new entry is possible here for a swing trade. We could look for an entry just above support line at around $6.5-$7.0.

I expect it to bounce back from support and make a run for the 0.5 fib level, at around $12.5 area.
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