M15 : As mentioned in my previous post, bullish divergences triggered a very short term reversal
50%. Fib Ret @ 39515 (41025-38005) filled
Still below the donwtrend line resistance on this time frame
As long as this resistance line is not clearly broken and more important
the clouds resistance area, recent and current price action should be
seen as a corrective move in a new bear trend.
Watch ongoing price action is screening closely M5 and M15 + confirmation on H1
50%. Fib Ret @ 39515 (41025-38005) filled
Still below the donwtrend line resistance on this time frame
As long as this resistance line is not clearly broken and more important
the clouds resistance area, recent and current price action should be
seen as a corrective move in a new bear trend.
Watch ongoing price action is screening closely M5 and M15 + confirmation on H1
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