In contrary to, that a top appeared on Wednesday, well good fits into inner dimension of 5th wave of upward trend, a price anyhow brought surprise and continued UP-trend, by forming elongation in the limits of correction C. However, we suppose to identify it that way yet. Almost vertical raise-up and confident MACD divergence force us to overview a possibility for same dramatically u-turn. In order to avoid unwarranted looses, it logical to wait for trend u-turn. Anyhow, attempts to jump into gathered way train, always fraught with serious troubles. For those who yet keep long positions, possible targets put on a graphic, some of which already worked-off.

Analysis prepared by:

Maxim Dmitrievsky
Forex4you analyst