CONFLUENCE
1. Trend: Downtrend
2. Bearish Trend line continuation
3. Created a lower high on H1 after it's recent uptrend
4. Rejection of the 61.8 fib level which was also a resistance
4. Break and retest of the support area and trend line would be confirmation for a massive fall
....... We therefore wait on it
Share your comments and ideas towards this!
2. Bearish Trend line continuation
3. Created a lower high on H1 after it's recent uptrend
4. Rejection of the 61.8 fib level which was also a resistance
4. Break and retest of the support area and trend line would be confirmation for a massive fall
....... We therefore wait on it
Share your comments and ideas towards this!
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