For my idea I use my Script "ROAD TO DUBAI" (if you want to test it check this link)
As you can see there is a Fibonacci extension really interesting for a safe Short.
At worse case price can go up even further, at 9.1$ / 9.2$.
However there is others useful signals
Invalidation Should occur from 9.3$ or little above
This is not a financial advice, please always consider economical changes
At worse case price can go up even further, at 9.1$ / 9.2$.
However there is others useful signals
- We have a MACD SHORT CALL[
- A couple of X Red Cross RSI Short Related call
- An upper overextension at 8.78$ (with silver bar, stronger short possibility), usually when this appear means a Short is likely around this area
- An 8.2 target (White EMA80) exactly on Fibonacci 0.5 Lines
Invalidation Should occur from 9.3$ or little above
This is not a financial advice, please always consider economical changes