According to my idea of August 09 the price will continue decrease to the level of support 1680. In case of overcoming this level down level 1650-1635 will act as the purpose (that is one of levels according to Fibonacci). Earlier the price returned to a downside channel and continued the movement down. Therefore I continue to hold the short position. The idea remains in force.
Information provided is only educational and should not be used to take action in the market.
Information provided is only educational and should not be used to take action in the market.
Trade closed: target reached:
The first objectives (1680) are achieved!
Trade active:
I wait for accomplishment of the second purpose.
Trade closed: target reached:
The second objectives are achieved!
