RSR Analysis with 3 Targets 07/02/2021
as we ca see this instrument is just broken its past low accumulation zone and entered to a volatile accumulation zone
which is its preparation zone for some blasting move up.
we can forecast the up coming targets by initially the parallels leg zone of Fibonacci projection 1TP and if touched by the 2TP which is the extension zone of the same fib projection and i.e. we are defiantly meeting our 3TP
and then a fall or some retracement in its coming distribution zone so keep it on for now
what do you think?
which is its preparation zone for some blasting move up.
we can forecast the up coming targets by initially the parallels leg zone of Fibonacci projection 1TP and if touched by the 2TP which is the extension zone of the same fib projection and i.e. we are defiantly meeting our 3TP
and then a fall or some retracement in its coming distribution zone so keep it on for now
what do you think?
Trade closed: target reached:
1 and 2 Targets Achieved
Trade active:
Targeting the 3 TP
Trade closed: target reached:
All 3 Targets Achieved