This idea supports the previous interest rate outlook.
I advise you to book profits on the idea given last September (see related) earlier than set target at 116'07
and this is why:
The long-term trend together with the previous low offers strong support for the price and could reject the drop in the 117-118 area.
In this area the wave C = 1.272 of wave A and this also fortifies the support.
So better close shorts there.
I advise you to book profits on the idea given last September (see related) earlier than set target at 116'07
and this is why:
The long-term trend together with the previous low offers strong support for the price and could reject the drop in the 117-118 area.
In this area the wave C = 1.272 of wave A and this also fortifies the support.
So better close shorts there.
Comment:
very close to the target be prepared to book profit
Trade closed: target reached
