I expect this pattern to continue a little while longer.
I will be looking for entries when it rejects the 61.8 again or if there is a breakout and retest.
This is still part of a down ward trend.
I will be looking for entries when it rejects the 61.8 again or if there is a breakout and retest.
This is still part of a down ward trend.
Note
Has broken out and retested with a nice pin bar. Lets hope it continues bearishly.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.