Down we go ? But how far down ?
Hello traders so it look's to me like a retest of the neck line of the inverse head and shoulders is still in play @7300 if it holds then we can open a trade on the long side if it dose not then maybe the down trend can continue to 6k even 5 k .
In the long term to even consider a bullish momentum we need to brake out of the .618 retracement of the Fibonacci indicator somewhere around the 9 k region .
Hope you are having a nice trading session all the best and remember this is not investing advice do your own research.
In the long term to even consider a bullish momentum we need to brake out of the .618 retracement of the Fibonacci indicator somewhere around the 9 k region .
Hope you are having a nice trading session all the best and remember this is not investing advice do your own research.
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