We can see a trend that is probably going to invert its raise by studying the EMAs and MACD 3/10. The croosing of the 2 EMAs (20 and 50 periods) is a signal of a changing situation, this is strengtened by the extended MACD divergence that doesn't confirm the new relative maximums.
If this trend inverts possible price goals could be found with the Fibonacci retracement.
If this trend inverts possible price goals could be found with the Fibonacci retracement.
Kommentera:
MACD didn't confirm new minimums and the price went up after a short period of fall