Update:Trade is active.
Stop loss closed position.
Potential peak and level of opening short position is calculated from the bottom of 07-08-2014 to the top of 19-09-2014 and the bottom of 15-10-2014 which gives 161.80% Fibonacci retracement.
Time to reach the target level was determined on the basis of previous periods and should not be considered as meeting the potential bottom.
Good luck and trade save.
Stop loss closed position.
Potential peak and level of opening short position is calculated from the bottom of 07-08-2014 to the top of 19-09-2014 and the bottom of 15-10-2014 which gives 161.80% Fibonacci retracement.
Time to reach the target level was determined on the basis of previous periods and should not be considered as meeting the potential bottom.
Good luck and trade save.