The overall trend for 2018 so far has been selling. Now the rate of the average volume is taking a sharper downward trend on red volume. The bears have either set a trap or are full.
I added a Fib Extension on the map. if we rebound I believe a .5 retracement is easily had anything above the .618 retrace..... well that would be interesting.
If you're in game, good luck.
these are just my opinions not advice to you! :)
I added a Fib Extension on the map. if we rebound I believe a .5 retracement is easily had anything above the .618 retrace..... well that would be interesting.
If you're in game, good luck.
these are just my opinions not advice to you! :)
Note
If price falls below the red line support...... I don't think the landing will be pretty.Note
I meant a .5 REBOUND and likewise .618 REBOUND :)Note
We fell below the redline support.
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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.