I am going long to the 135.50 level.
2016Sep12 I am going long to the 135.50 level. I would have pushed it to the 38.20% fib, but the resistance that starts at 135.50 has me concerned. I placed my stop at 134.97
Just dropped approx 80 pips in a short time so I would normally expect a retracement to at least the 38.20% fib level.
RSI is reaching the oversold level.
Just dropped approx 80 pips in a short time so I would normally expect a retracement to at least the 38.20% fib level.
RSI is reaching the oversold level.
Komen:
Target reached. And it exceeded the 38.20% Fib level.