A throw-back will occur now that price has hit the 200 SMA. This will happen soon after the RSI-2 value of 95 is reached and starts to come back down. Price may then come back down to 0.77456
At this time the HARMONIC zig-zag may very well continue 13 WAVES, now heading downward on it's 7th WAVE !
At this time the HARMONIC zig-zag may very well continue 13 WAVES, now heading downward on it's 7th WAVE !
Comment:
As indicated, this pair is Wonderfully DIVERGENT by looking at the MACD !
Trade closed: target reached:
Took Profit !