Price still in a Down trend
1st scenario: price break the Daily bearish OB & break previous high then fall down to 1H bullish ob.
2nd scenario: price won't break the Daily bearish OB then fall down to 10699.
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Price was in a Fib .79 level & reached the bearish ob. so i will say that price >79% most likely to drop at this level .
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๐ง Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
๐ง JUST AN OPINION OF THE ONION.๐ง
1st scenario: price break the Daily bearish OB & break previous high then fall down to 1H bullish ob.
2nd scenario: price won't break the Daily bearish OB then fall down to 10699.
.
Price was in a Fib .79 level & reached the bearish ob. so i will say that price >79% most likely to drop at this level .
.
.
.
.
.
.
.
๐ง Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
๐ง JUST AN OPINION OF THE ONION.๐ง