Overbought (daily RSI at 80 and weekly at 70). An excellent short at 84-85!!! Targets- 23.6 and 38.2 Fibonacci retracement levels of the recent up move from 60.
23.6 retracement level- 77.97
38.2 retracement level- 74.44
My entry and exit targets:
Entry target- 84
Exit target- 77.97
04/26/2024 Market Outlook (Testing EMA20)
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No conclusion, let’s see the next week, maybe need wait until the FOMC
Wednesday?
The …
The post 04/26/2024 Market Outlook (Testing EMA20) first appeare...
1 day ago
Thanks Pra =)
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