Hi guys, first target hit to perfection. what do you think will happen now? will it go to our 2nd target or retrace further down?
For me we have 2 possibilities here:
1) we have a small retracement and bull flag is created to take short term indicators out of overbought (4h RSI is way overbought) and continuation to the upside to hit or even blast 2nd target of 1631.
2) short term reversal and a possible retest of the 1578
what do you think? no wrong answers, remember, only the witch from the east knows what will happen.
GL and trade safe
For me we have 2 possibilities here:
1) we have a small retracement and bull flag is created to take short term indicators out of overbought (4h RSI is way overbought) and continuation to the upside to hit or even blast 2nd target of 1631.
2) short term reversal and a possible retest of the 1578
what do you think? no wrong answers, remember, only the witch from the east knows what will happen.
GL and trade safe