On our current market structure, sonic is creating wedge bullish pattern.
If you check the current price using Fibonacci there's a possibility that it will goes to 0.24 or worst 0.1552 before it will break its current weekly structure.
You can accumulate within the pattern but if you're planning to make position and do long...please avoid that.
Point of interest is 0.24 to make create double bottom on it. If it's break, 0.1552.
If you check the current price using Fibonacci there's a possibility that it will goes to 0.24 or worst 0.1552 before it will break its current weekly structure.
You can accumulate within the pattern but if you're planning to make position and do long...please avoid that.
Point of interest is 0.24 to make create double bottom on it. If it's break, 0.1552.
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