The formation looks like a potential BUY opportunity.
Certainly, anything can happen, but my bias is more to the upside.
It has retraced it's 50% already and bounced off of it upwards. I believe, the next target could be 0.80112 and maybe higher. But let's not rush and see what happens.
Keep an eye on the price action!
Certainly, anything can happen, but my bias is more to the upside.
It has retraced it's 50% already and bounced off of it upwards. I believe, the next target could be 0.80112 and maybe higher. But let's not rush and see what happens.
Keep an eye on the price action!