Currently we saw a big upper move with no strong retracement.
What is to happen now is at least short downwards move to 0.5 fib or 0.618
At 4h you can see CCI divergence that has worked out only 2 of 3 waves.
We also touched golden ratio fib (0.618) at 4h correction move.
What is to happen now is at least short downwards move to 0.5 fib or 0.618
At 4h you can see CCI divergence that has worked out only 2 of 3 waves.
We also touched golden ratio fib (0.618) at 4h correction move.
Note
Worked outTrade closed: target reached
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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.