RSI(5) at 72 on daily chart
RSI(14) at 54 on daily chart
retest of .236 Fib Level
will wait to see this develop, possible opportunity for next week
RSI(14) at 54 on daily chart
retest of .236 Fib Level
will wait to see this develop, possible opportunity for next week
Comment:
Breached 25,50 and 9 Day EMA on Daily Charts, waiting to see how it reacts to the breakthrough. Selling and take profits on Friday should be a catalyst for a breakdown next week
Trade active:
Successful Breakdown, waiting to how long losers let this loss run, breaching a previous test level, with a lot of indecision behind it.will see what the european markets have to say about this price level tonight
