Hello trader,
as you can see we're going to complete the right shoulder, on the black Fibonacci level around 1.14000.
If the resistence is confirmed, we can go short looking for the first target around 1.12000, but I expect a downtrend until the red support at 1.05203.
Wait for the confirmation on multiple timeframes and always use Stop Loss.
Good trade!
as you can see we're going to complete the right shoulder, on the black Fibonacci level around 1.14000.
If the resistence is confirmed, we can go short looking for the first target around 1.12000, but I expect a downtrend until the red support at 1.05203.
Wait for the confirmation on multiple timeframes and always use Stop Loss.
Good trade!