Just a breakdown of the main visual signals that im noticing in this recovery pattern and where we go from here. This is not a prediction or an idea of any sort just an objective analysis of what we've seen so far using a fib resistance fan to spot price channels. I think we will bounce off the center line to recent lower levels and then recentest the $415 levels in may.
Note
Current support levels: $410 and if it breaks that we may see a $400 level
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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.