Weekly Stoch RSI indicates a new wave is beggining in the uptrend, price bounced from the last upward spike consolidation and its moving up slowly. Good entry point at the 49-51 range. Major resistances at 55 and 60, targets at 72.6, 107.86 and 143.07 according to trend based fibbo extension.
Commentaire:
First target reached
Commentaire:
Nearing the second target but market behaviour is changing to bearish, may be a good time to be cautious, take profits and wait for another entry.