Take a look at the chart, it's closing to 618, shaping a wedge and already bouncing 4 times.
It may drop once more and rebounce up to the next fibo levels.
This is a correction from the big impulse it had before.
RSI, MACD confirms divergence from the last 2 bottoms.
Let's see what it does.
It may drop once more and rebounce up to the next fibo levels.
This is a correction from the big impulse it had before.
RSI, MACD confirms divergence from the last 2 bottoms.
Let's see what it does.
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Disclaimer
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.