Next week I will pay attention to this pattern of movement ....
There are many confirmed clues:
-fibo between 38 and 50
-round number
-support lines
-trend area
if the price breaks through my area and goes towards 100 sma I will treat the trade as a powerless area and I will not trade.
If the price bounces i will pay attention to candlestick bearish reversal patterns and watched to sell in 1h graph...
There are many confirmed clues:
-fibo between 38 and 50
-round number
-support lines
-trend area
if the price breaks through my area and goes towards 100 sma I will treat the trade as a powerless area and I will not trade.
If the price bounces i will pay attention to candlestick bearish reversal patterns and watched to sell in 1h graph...
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