Possible end of correction and beginning of uptrend continuation

2015年11月2日

The price hit 1137. It's 61,80% fibonacci retracement level. In theory that should point out to the end of correction.

Moreover there is Price Action formation called, Bullish Piercing. It's a trend reversal signal.


On the 1h chart, there is RSI bullish divergence.


My main TP target is 1182

2015年11月3日

交易進行

Unfortunately, my prediction didn't work exactly as I wanted.

However my trade is still active. The price retraced to 1137 line and if bulls defend 1132 level they will take an initiative to pull price higher.

2015年11月4日

交易結束：達到停損點

My SL got triggered.