Possible end of correction and beginning of uptrend continuation

2 Kas 2015

The price hit 1137. It's 61,80% fibonacci retracement level. In theory that should point out to the end of correction.

Moreover there is Price Action formation called, Bullish Piercing. It's a trend reversal signal.


On the 1h chart, there is RSI bullish divergence.


My main TP target is 1182

3 Kas 2015

İşlem aktif

Unfortunately, my prediction didn't work exactly as I wanted.

However my trade is still active. The price retraced to 1137 line and if bulls defend 1132 level they will take an initiative to pull price higher.

4 Kas 2015

İşlem kapandı: durdurma seviyesi

My SL got triggered.