Hi All,
Here is why I go long here:
1) Perfect GARTLEY harmonic pattern
2) We just touched the 200 MA which will now act as a strong support
3) RSI just went oversold
Take profit: 24700
Stop loss: 23500
All the best
Here is why I go long here:
1) Perfect GARTLEY harmonic pattern
2) We just touched the 200 MA which will now act as a strong support
3) RSI just went oversold
Take profit: 24700
Stop loss: 23500
All the best
Trade closed: target reached:
At this point I suggest closing 75% of your positions and let the last 25% float freely - we may be retesting ATH in the next few weeks.