-Price is in an overall bearish trend -Currently on the 4hr and lower TFs it appears that price is consolidating. -Expecting price to form a candlestick reversal pattern and retrace to test the 50.0--61.8 fib level. -Price also formed sort of a double top and broke below, a retracement to the previously stated levels, would also serve as test of the neckline. -Once price make a retracement and respect the levels, I am expecting price to make another push to the downside, continuing the trend.
Please Like, Follow, Comment. What is your analysis?
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.