Hello
Trend is still strong Bullish with EMA 50 above EMA 200, but we are waiting for RETRACEMENT.
We have here 2 possibilities . Black line and Blue line
1. Option ( Black Line) :
Price break trend line and goes to support around Fib GOLDEN level 0.618.
If price survive at support, then uptrend should continue.
2. Option ( Blue Line) :
Price some between Fib Level 0.382 and 0.5 and don't break trend green trend line.
If trend line is not broken, the target is definitely acessible.
Don't forget about resistance. It needs to be broken for new target :)
This is just my analysis! I don't guarantee that it will be that way, so trade on your own risk !
But if you decide to trade it that way, and price goes with my analysis, than i wish you nice amount of $$$.
Good luck,
Just 2cents from Fab1j0 :)
Trend is still strong Bullish with EMA 50 above EMA 200, but we are waiting for RETRACEMENT.
We have here 2 possibilities . Black line and Blue line
1. Option ( Black Line) :
Price break trend line and goes to support around Fib GOLDEN level 0.618.
If price survive at support, then uptrend should continue.
2. Option ( Blue Line) :
Price some between Fib Level 0.382 and 0.5 and don't break trend green trend line.
If trend line is not broken, the target is definitely acessible.
Don't forget about resistance. It needs to be broken for new target :)
This is just my analysis! I don't guarantee that it will be that way, so trade on your own risk !
But if you decide to trade it that way, and price goes with my analysis, than i wish you nice amount of $$$.
Good luck,
Just 2cents from Fab1j0 :)