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First of all,price good back test on MA200(Yellow line) and hold it as a support
Second:price retrace to 61.8 fibo level and it must be expand to 161.8 fibo extension
Third:price form a bullish flag and validly broken it
Fourth:Classic signals - look at MACD angles how ready to broken each other
StochRsi exit oversold area
Fifth: (Gann Fan) According to rule of all angles when the market breaks an angles , it will
Rotate to the next angle.(marked with yellow circle)
I marked possible targets on the chart for your convenience
any way, it better before any action make your own plan and analysis.
GOOD LUCK AND PATIENT
First of all,price good back test on MA200(Yellow line) and hold it as a support
Second:price retrace to 61.8 fibo level and it must be expand to 161.8 fibo extension
Third:price form a bullish flag and validly broken it
Fourth:Classic signals - look at MACD angles how ready to broken each other
StochRsi exit oversold area
Fifth: (Gann Fan) According to rule of all angles when the market breaks an angles , it will
Rotate to the next angle.(marked with yellow circle)
I marked possible targets on the chart for your convenience
any way, it better before any action make your own plan and analysis.
GOOD LUCK AND PATIENT
Trade active:
Hi ,
one of potential target hit
one of potential target hit