According to the Butterfly pattern, the Fibo perfectly converges the decline at the target of 16500. We also go down the channel where the lower border of the channel will be. All 3 parameters should be added together. We should reach it by October, there will be a great point for going to long.
Operación activa:
We have reached 17800, everything is according to plan, we go lower.
Operación activa:
17200
Operación activa:
16800, excellent practice. Now you can start buying for further moving
Operación activa:
everything is OK. From 16,500 10% profit.