After 20 days healthy correction it will continue its bearishness, still price has not tested Fib level 618 indicating that correction has not finished yet, but RSI and MACD showing divergence indicates that even though MA are crossing to mark a possible trend change, price action will continue down-trending. Time for shorting position or or closing to take profit.
Trade closed: target reached
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FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.