Trade Setup:
Target 1: 3.523 (0.786 Fibonnaci Golden Zone).
Target 2: 3.389 (0.618 Fibonnaci Golden Zone).
Target 3: 3.295 (0.786 Fibonnaci Golden Zone).
Target 4: 2.897 (0 Fibonnaci).
Stop Loss: 3.910 (1.272 Fibonnaci).
RSI Analysis: The RSI is showing a bullish divergence, suggesting potential bullish momentum. The current RSI is around 75.44, approaching overbuy territory, so caution is advised.
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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.