As you can see, we broke through the descending upper Trendline of 5th of May 2018.
Now our next Point of confluence we have to pass is 7750 $ - 7800 $, because there is a the 7800 $-Resistance, there is the 0.618 Fib-Level AND there is the next descending upper trendline (from 17 of december 2017).
The Target is market with a yellow ellipse.
BTW: Don't forget your STOP LOSS ;)
Now our next Point of confluence we have to pass is 7750 $ - 7800 $, because there is a the 7800 $-Resistance, there is the 0.618 Fib-Level AND there is the next descending upper trendline (from 17 of december 2017).
The Target is market with a yellow ellipse.
BTW: Don't forget your STOP LOSS ;)