Bear is coming!

Updated
My Trend Analysis is based on a 4-Hour Fibonacci, we have seen nice moves between the fib lines so far.

My prediction is a slightly bullish move up to the 0.618 line with the drop down to 0.328, reverse up to 0.50 and then bearish continuation below 0.50.

If you like the idea please follow me at

tradingview.com/u/chgotom/

Thank You!

Tom
Note
Exactly what I said...
Fibonacci

Also on:

Disclaimer