After this massive sell off after the brexit referendum, price broke below a long term corrective structure. Although we may have several buy opportunities in the upcoming week, our main view is that price after a correction will continue it's way south.
A great level where we should watch closer for a sell setup is the 50% fib level of the massive downmove where price will test the lower trend of the long term corrective structure. In addition looking left at that level we may see that we had plenty of action.
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