Fibonacci numbers on the way up were spot on. Use them on the way down for small gains.
This bump started when the Euro bulls got over excited at testing the November Dip. So I expect a retest of previous bottom at $5400, with another big bounce from the Dollar Bulls.
Watch for further indication from the RSI Daily dipping below 30%.
Caveat: I am not a professional trader or adviser. Do your own research before making any trade. Never trade more than you can afford to loose.
This bump started when the Euro bulls got over excited at testing the November Dip. So I expect a retest of previous bottom at $5400, with another big bounce from the Dollar Bulls.
Watch for further indication from the RSI Daily dipping below 30%.
Caveat: I am not a professional trader or adviser. Do your own research before making any trade. Never trade more than you can afford to loose.