OTEX clear bearish analysis
1. recovered 64% from 2021 crash in 2022
2. Impulsive move rejected at 0.618 Fibonacci
3. Top of the Fibonacci is aligned with rising trend line
4. Rising trend line reject and broken
5. Two bearish Fibonacci broken
Target should could be 0.618 around 27.50
P.S not financial advice. trade save and at your own risk.
2. Impulsive move rejected at 0.618 Fibonacci
3. Top of the Fibonacci is aligned with rising trend line
4. Rising trend line reject and broken
5. Two bearish Fibonacci broken
Target should could be 0.618 around 27.50
P.S not financial advice. trade save and at your own risk.
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