Trend analysis (Figure 1).
Touching the support line four times gives 70% probability of top work with the first target of 1.1664, Fibonacci level of 14.6% (blue dotted line).
Fig. 1 (daily chart).
Complex analysis:
- Indicator analysis - up;
- Fibonacci levels - up;
- Volumes - upwards;
- Candle analysis - neutral;
- Trend analysis - up;
- Bollinger lines - up;
- Weekly schedule - up.
General conclusion:
On Monday the market will move up with the first goal of 1.1664, the Fibonacci level of 14.6% (blue dotted line).
