Hello every body.Hope every thing is O.K. As the price has broken the uptrend channel, It might have started a down trend ,so we should find suitable SHORT positions. And according to Fibonacci levels and support & resistance area,TP1=1765 and TP2=1755 could be set. If the price goes back in to the uptrend channel and closes the candle price in the channel,the analysis will fail and we can set the SL there.
Dear Traders, After a price pullback,now we can find a sharp bearish market due to ADP Non-Farm employment change report and dollar index increasing and so the price touched 'TP1'. Have a good time.
JoeChampion
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thank you for confirming my vision. you are amazing!
Amiran2314
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@JoeChampion, Thanks So much,Have a good trading week.
After a price pullback,now we can find a sharp bearish market due to ADP Non-Farm employment change report and dollar index increasing and so the price touched 'TP1'.
Have a good time.