I don't expect we can sustain this slope of growing in a bearish market like now, but we surely can find some support at 3600 level( the worst case I think 3550 will not breached) and continue up the rally.
An retracement of 0.618 - 0.65 from bottom can be the ultimate target to this bull rally.
And then, short it as usual.
Yorum:
everything just under expectation
Yorum:
looks like 0.382 retracement yield as a heavy resistance and not enough sign of willingness has shown to prove that bulls are able to break the top resistance. To me 3660+ will be the new resistance level and I would take profit gradually once we hit the region.
Forex & Crypto day trader