Analysis: ======== Monthly StochRSI is OVERSOLD; monthly AB DOWN SWING - Price is moving down towards 1.618 TARGET Monthly Las AB Down SWING: price is at .382 Retracement
Weekly StochRSI is GOING UP Last AB Up Swing; Price is moving down towards 1.618 TARGET
Daily StochRSI is oversold - UP A (@ 111.824) B (@105.408) SWING - Price retraced back to .236 @ 110.098 Daily Counter trend-line is NOT BROKEN YET; wait for the counter trend line back; move STOPLOSS to Break Even if price drops near the backside of the down trend line and a bulish candle stick formation occurs; price can reverse to fill the VOID between inner trend line and last trend line
Daily BIAS is bearish Daily - Pivot Point
4 hour StochRSI is overbought 2 hour StochRSI is overbought
First target 1.27 and 1.68 of AB Swing @ 104.00 2nd target 1.68 of AB Swing @ 101.438
Trade VALID if price breaks the last counter trend-line below the downtrend-line
Stop Loss 112.157 Take Profit 104.074 Risk Reward 2.49