As per graph, I'm inclined to think we'll go lower to the target green target box.
With the declining RSI and Volume, and 400HMA and Fib.5 as top resistance, i reckon we'll see a breakdown through the cloud rather than a bounce.
An upward move with 600/800HMA and Fib.618 as resistance, only to test the cloud at a later date acts a second scenario.
Cheers!
With the declining RSI and Volume, and 400HMA and Fib.5 as top resistance, i reckon we'll see a breakdown through the cloud rather than a bounce.
An upward move with 600/800HMA and Fib.618 as resistance, only to test the cloud at a later date acts a second scenario.
Cheers!
Order cancelled:
Missed target box. Candle 6th oct. testing top and bottom of the cloud with no follow through. Looking for other opportunities.
Cheers!
Cheers!
Cheers