ELLIOTT WAVES STRUCTURE (5,3,5,3,5 correction 5,3,5) mixed with reverse FIBBONACCI RETRACEMENT and MA 21
what we can observed after yesterday, touch of MA21 on Daily chart / FIB 0.618 touch / RSI 50 touch and massive rejection - still downtrend - currently completing route to wave 2 8850 / 8900usd and i think we are going nice SHORT down to the 8200usd area.
no suggestions of any trading idea / please do your own analyse / purpose of gathering knowledge only :)
what we can observed after yesterday, touch of MA21 on Daily chart / FIB 0.618 touch / RSI 50 touch and massive rejection - still downtrend - currently completing route to wave 2 8850 / 8900usd and i think we are going nice SHORT down to the 8200usd area.
no suggestions of any trading idea / please do your own analyse / purpose of gathering knowledge only :)