We're currently in the 0.38 - 0.5 zone under Fibonacci
and we're currently sitting in the weekly Ressitance zone.
While price might still push up towards 24400,
I wouldn't be surprised if the price would retest the
23331 - 23573 levels
I'm currently interested in the 4 hour Ascending triangle. A break above would test the 25000 level and a break below would bring us back to 234xx levels at the very least.
Price is unlikely to break the 0.5-0.618 level of fibo and the 4 hour MA 200 resides there. Therefore I would personally wait for an a signal to short.
However if there's a positive news go long by all means.
and we're currently sitting in the weekly Ressitance zone.
While price might still push up towards 24400,
I wouldn't be surprised if the price would retest the
23331 - 23573 levels
I'm currently interested in the 4 hour Ascending triangle. A break above would test the 25000 level and a break below would bring us back to 234xx levels at the very least.
Price is unlikely to break the 0.5-0.618 level of fibo and the 4 hour MA 200 resides there. Therefore I would personally wait for an a signal to short.
However if there's a positive news go long by all means.