Hello everyone,
Looking at daily chart we can see that after price broke thru last high of 62 sat we had a pullback to 61.8 FIB (also correction completed ABC on lower interval which has finished at 78.6 FIB last rally or Fibonnaci extension 1:1). Also I would like to point that we are still in strong uptrend on this pair and the next targets on my list are 79 sat which is fibonnaci extension 1:1 from big perspective also 161.8 fibonnaci from biggest correction. In my previous analysis I was pointing that below this levels at 73-74 sat we have 61.8 FIB which is also important but I think that we may have a small pullback from 73-74 area and fake breakout to 79 sat from where we can expect bigger correction (UP to 62-66 area) .
If you get that far in reading my analysis please leave a LIKE or coment so that I will know there are people who actually read my analysis.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
Looking at daily chart we can see that after price broke thru last high of 62 sat we had a pullback to 61.8 FIB (also correction completed ABC on lower interval which has finished at 78.6 FIB last rally or Fibonnaci extension 1:1). Also I would like to point that we are still in strong uptrend on this pair and the next targets on my list are 79 sat which is fibonnaci extension 1:1 from big perspective also 161.8 fibonnaci from biggest correction. In my previous analysis I was pointing that below this levels at 73-74 sat we have 61.8 FIB which is also important but I think that we may have a small pullback from 73-74 area and fake breakout to 79 sat from where we can expect bigger correction (UP to 62-66 area) .
If you get that far in reading my analysis please leave a LIKE or coment so that I will know there are people who actually read my analysis.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."