Escalating Reasonably
A very strong rejection at Resistance 1 with a long shadow
A higher low at Resistance 2
A classic rejection at 0.68 of Fibo
Possible scenarions
1- Another retest of Fibo 0.68 and a jump up
2- Opening higher tomorrow and a shoot up
3- Ranging at the current price showing consolidation for buyers
A higher low at Resistance 2
A classic rejection at 0.68 of Fibo
Possible scenarions
1- Another retest of Fibo 0.68 and a jump up
2- Opening higher tomorrow and a shoot up
3- Ranging at the current price showing consolidation for buyers
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