VCB 0.5 or 0.618 Fibonacci Retracement ?

17 בדצמ׳ 2023

With VCB 0.5 or 0.618 Fibonacci retracement is forming, I expect price has a good recover to lower band (green line) above from current price (0.5 level) or a little bit lower (0.618 level). We can wait for a lower band breakout then buy and sell at upper band as long as sideways strategy bias still active.

Beware both of market-risk sentiment lines are in purple (bearish) signs.