the current consolidation has stayed within my support and resistance lines. Seems there is a formation happening... possible downtrend to my major support line at 1850?
Here is my chart and I feel the market will continue this uptrend respecting My support line at 1850. . . Id love some feedback. I'm still new and I'm always looking to learn.
Using the Fibonacci Retracement and focusing on my fundamentals i just want to confirm my thought process is correct and I'm using the tools correctly.
From my indicators it appears to me that the trend line and Fibonacci percentages show we will be continuing the downtrend. I entered will a sell and would like some feedback on this.