After breaking the ATH without consolidation it has to retest the levels which it does twice. After finally breaking out with SHAKEOUT removing all the weak heads and breaking out last 10weeks of consolidation.
As per the trend based fib. 415 & 485 are the possible levels that can be tested. Its a 1:1 RR trade though.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
As per the trend based fib. 415 & 485 are the possible levels that can be tested. Its a 1:1 RR trade though.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.