A symmetrical triangle has been formed, which gives us possibilities to guess the next move :)
If we breakout from the triangle, we can aim for a profit at 0.786 fibonacci.
But if we fail to break the upper side of triangle, we can rebuy at 0.0164, where the strong support lies.
Let's see, how the trade developes :)
If we breakout from the triangle, we can aim for a profit at 0.786 fibonacci.
But if we fail to break the upper side of triangle, we can rebuy at 0.0164, where the strong support lies.
Let's see, how the trade developes :)
Trade active
Trade active:
We hit the suppor tline at 0.0164. We should see a good move up with volume in the following weeks.
Trade active:
Another hit at 0.0164 support and a bounce back. Rally v.2 :)