The trend is upward since November and has been corrected in January already. After the little attempt yesterday and the renewed rise today I assume that we can continue to rise.
We are still within a Fibonacci based support/resistance zone. Its bottom is the October low and the top the present January high. May be it will take some time to get decisively above this zone. But if we maintain the momentum it may go up then quickly.
We are still within a Fibonacci based support/resistance zone. Its bottom is the October low and the top the present January high. May be it will take some time to get decisively above this zone. But if we maintain the momentum it may go up then quickly.
Trade fechado: stop atingido:
Turned the position into a short one now.
Trade ativo:
Short.
Trade fechado: objetivo atingido:
So the deal became profitable finally.