Price will see a reaction off the 50fib at 950 with a possible retracement to 910 before moving to 980/1000.
We can see in the chart it's likely price will make a dual leg rally to either the 618 or just under so holding longs until then is advisable and only a loss of 880 would justify exiting.
I'm looking to exit longs at 980 and looking to short from 980 to 1000 with stops just above the 618.
Good Luck
We can see in the chart it's likely price will make a dual leg rally to either the 618 or just under so holding longs until then is advisable and only a loss of 880 would justify exiting.
I'm looking to exit longs at 980 and looking to short from 980 to 1000 with stops just above the 618.
Good Luck