38.2 fibonacci retracement+Triangle formation+MA200 rejection

2 Nis 2018

After a big bullish wave, price has been in a correction structure the last weeks. A triangle pattern has been formed with a 38.2 % fibonacci retracement. We could see an impulse this week to MA50. Then we have a breakout of it to validate the pattern.
Stay tuned!!

3 Nis 2018

Not

Price is moving up till MA50. A break above the moving average would validate the pattern

10 Nis 2018

Not

Breakout has occurred yesterday, Today, price is still above MA50. 1/3 of the trade has been close .

15 Nis 2018

Not

We can expect a corrective structure till MA50 aprox to see a new bullish scenario

23 Nis 2018

Not

Order has been closed on breakeven