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!
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.
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.