The reduction target is 16,500

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.

Trade ist aktiv:

We have reached 17800, everything is according to plan, we go lower.

Trade ist aktiv:

17200

Trade ist aktiv:

16800, excellent practice. Now you can start buying for further moving

Trade ist aktiv:

everything is OK. From 16,500 10% profit.