With Fib retracement we would like to enter at (122.264) to go short until (120.168)
Comments
moorekapital
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What about a rally....? ^_^
Now that we're out of the box , I think that PB testing of box top for support is the ideal thing.
The basic tenets of Technical analysis: SUPPORT & RESISTANCE tells me that , once a RESISTANCE is rendered useless, price may use it as a floor next ;)
Now, when that is done, I see 125 as the ultimate target. But 124 first
Now that we're out of the box , I think that PB testing of box top for support is the ideal thing.
The basic tenets of Technical analysis: SUPPORT & RESISTANCE tells me that , once a RESISTANCE is rendered useless, price may use it as a floor next ;)
Now, when that is done, I see 125 as the ultimate target. But 124 first