A bearish trend with fib retracement
A bearish trend can be seen with the LLs and LHs forming along with the trend line. The retracement is seen to the 0.382 fib level at which we can suppose an entry.
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.