By Fibonacci rules we have corrected almost 68 % of the rise since November 14th already.
If we can imagine a rise of the ADX from here we may assume that this rise can restart from here.
If we can imagine a rise of the ADX from here we may assume that this rise can restart from here.
Trade closed: target reached
Note
I am sorry to be late with publishing this profit taking. It was the Advent Sunday and I was online only for a short time just to close this deal. Next time earlier. I will try hard.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.