Downtrend coming up again - 108.98
Ichimoku cloud turns downtrend, coupled with overbought indication on RSI. Target price 108.68 from Fibonacci retracement.
Trade closed: target reached
Validated. As predicted, prices rose briefly for another 2 days only, and fell all the way to 75.16 in barely 2 weeks.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.