We are currently on the left shoulder headed down towards the .382 support fib level.
Break of the .236 fib level indicates a larger move down to complete left shoulder.
The .236 fib level, which was prior support, now looks like a great resistance area.
First T/P is indicated by red highlighted area just at the .382 fib level.
Good Luck!
Break of the .236 fib level indicates a larger move down to complete left shoulder.
The .236 fib level, which was prior support, now looks like a great resistance area.
First T/P is indicated by red highlighted area just at the .382 fib level.
Good Luck!