Hello traders! Today I think, we have to wait until the end of the correction.The price broke through the triangle up.There is a very strong resistance line at 0,78521. I think, the price will goes down at least until to the Fibo-lvl 61,8 but it's possible to reach the Fibo-lvl 38,2. After the correction has taken place, we can open LONG positions here. Just don't...
If the price strongly break the blue rectangle, we can open short positions, but i don't recommend it, because we have a very strong uptrend. I recommend that to wait until the correction takes place, than open big long positions. We can see the divergence on the RSI, and we can see a triangle too, so I really recommend to wait before open any positions.
We can see a strong resistance level at 83.877. The RSI shows that the chart is in the overbought range, so there will be a correction. I think this correction will hit at least tha Fibonacci level 61,8%, so we can open short positions now. But don't forget about the uptrend, so be gently with the position size. After the correction, we can open big long positions.
Double top, so to open short positions is a good idea now. But dont forget about the uptrend!
I think, a small short position is a good idea for now. We have to wait till the triangle or the support brakes, that will confirm to increase short positions. If the support line does not brakes, we have to open long positions.