Reasons: 1. Moving average was tested and respected. 2. Higher lows are printing out. 3. FIbo level of 61.8% was hit. Aiming for -27.2% 4. Area of resistance (blue rectangle) was breached. 5. Consolidating in D1 for about 2 months. It's time for some big movements. 6. Break of resistance would leave to further target, 1392 or even more! Get ready for buy stops!
Order cancelled
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Breakout of the daily trendline. Resistance still holding. Further downside is expected
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