1.612 fibo showing strong resistance. Reversal is here?
On the monthly chart we're looking at the possibility of it reached its Tip. Zoom in to the Daily chart, you'll be in for a treat now on the reversal. But what I look for is a weekly negative to confirm the possibility of a reversal. At the moment is running negative and we will see how it closes today. If it does close negative and below the range of 1.612 level, next week onwards we will be in for a treat. I'd call it a SLAM.
p.s: Been waiting for the market to be here for a year plus, now its here, I'm in, are you?
p.s: Been waiting for the market to be here for a year plus, now its here, I'm in, are you?
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.