it hits 50% fib retracement so base on the fib retracement it continues to its downward trend. now it is hitting upto 60% retracement if it exceeds it is building new trend.
if it respects. then shorting it will benefit you upto 30440 short. for fib retracement extension for take profit.
for stop lost above 50-60% retracement.
time will tell.
like follow if this happens. all the best!
DYOR
TAYOR
all the best!
not financial advice.