After and almost parabolic drop since 25 November we are seeing the 1st signs of recovery,or rather retracement. Yesterday's engulfing candle indicated that bearish momentum has temporarily stopped. All things being equal we should see a retracement to the 212000 zone.
Entry: 204122
SL: 199561 ( Slightly below the lowest point)
TP: 211990 ( Slightly below the upper price magnet)
Entry: 204122
SL: 199561 ( Slightly below the lowest point)
TP: 211990 ( Slightly below the upper price magnet)
Trade closed: target reached:
bulls eye
