Last week we were looking for a sell from 18500 with many technical confluences. We also had a 11 day straight bull run without any meaningful retracements. This is a continuation to the previous idea, as the price did not react from our level of interest and kept pushing higher. Currently waiting for 18800, which is the Weekly 0.786 fib level drawn from the all time high. We target 18500-18450 for our TP1. Will update next week. As always, trade safe and wait for confirmations before entering a trade.
Fractals Trading Community,
Mei
Fractals Trading Community,
Mei
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