It didn't break channel yet, rsi didn't break last high yet, macd goes down and it shows a dead cross ahead, and also it wants to do a 1,2,3 descending candle ...
Where it wants to go ?
My first target is 8700 im choosing this price because of ma's in different time frames, 4h shows 8200 area, I will set another target when I reach this one, the situation will change after a while
But keep your eyes open ...
We are in a bullish flag, it could be just a correction.
Guys if you are not in a trade now, dont enter it, wait for a confirmation, above the 9750 as long ... and below the 9200 as short and dont forget to use stop loss
Trade safe.
Where it wants to go ?
My first target is 8700 im choosing this price because of ma's in different time frames, 4h shows 8200 area, I will set another target when I reach this one, the situation will change after a while
But keep your eyes open ...
Guys if you are not in a trade now, dont enter it, wait for a confirmation, above the 9750 as long ... and below the 9200 as short and dont forget to use stop loss
Trade safe.