We see 2 cipher pattern short, one for short term key elements: 1. 78.6% for XC 2. close to resistance 3. Bearish diversion on RSI and overbought territories 4. on MACD, cross channels is bound to happen 5. RATIO is 1 : 1.25 for target 1 and 1 : 2 .25 for target 2
We are seeing a Bearish divergence on RSi & MACD but we are in bullish trend on the long run in this case we see a pull back and it might go the 38.2% FIB which hits the support trend line Also we have an ABCD pattern closing at the same resistance level as well. I will put buy signal 1.0647 and STOP loss @ 10246 which is below the 61.8% FIB the target will go...