According to the weekly timeframe, it is a strong bearish healthy trend bouncing off a trendline since it was s reversal.
The LONG wick (1W) needs to be filled. It will retract upwards a little bit then continue with the bearish move.
The first set up will be when it break the fib level 0.5 and the demand zone @ 130.1
Sell @ 130.1 target 129.4 sl @ 130.3. Then maybe retract upwards to that demand zone, which might act as a supply zone before heading to 128.5
The LONG wick (1W) needs to be filled. It will retract upwards a little bit then continue with the bearish move.
The first set up will be when it break the fib level 0.5 and the demand zone @ 130.1
Sell @ 130.1 target 129.4 sl @ 130.3. Then maybe retract upwards to that demand zone, which might act as a supply zone before heading to 128.5
註釋
Sell now @ 130.5註釋
Tp hit.it will retract upwards again to 130.0 then fall
註釋
Looking for a buy opportunity
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