Seeing strong resistance at fib 0.618 rejected 4 times, bear flag formation, failing to break upwards will retest ema200 again around 7800-7900$ if breaches will seek next fib level (0.786) at 6322.28$.
Trade stängt: målet nått:
Closed, updating perspective over next idea.
Kommentera:
Seems that upwards breach of fib 0.618 was fake, and that bear flag was true...
Going down to re-test 8200$ and 7800$...
0.786(6322.38$) Fib seems an attainable target now, got buy's spread all across it.
Going down to re-test 8200$ and 7800$...
0.786(6322.38$) Fib seems an attainable target now, got buy's spread all across it.
Kommentera:
Everything happened as expected...fib 0.786 nice place to have buy's... :D
seeing bull pressure over MACD and RSI, 10500-10700 may be on sight
Watch Elliot waves for impulse signs