Watching carefully to confirm a break up or down. If it breaks upwards, wait for confirmation with a candle above the previous resistance then we can expect to take profits according to the major fib levels. Ichimoku cloud showing that we have a kumo breakout and tk cross on the 30min and confirmed on the 1 hour. Note we are still in the cloud so market sentiment has not been decided and is considered a neutral range so it is important to wait for confirmation. Stoch RSI showing oversold.
Trade closed: target reached:
Target surpasses to the 0.786 Fib Level. Close trade. 25% Profit
Next leg up to 0.005311 after retest of 0.618.
Next leg up to 0.005311 after retest of 0.618.