Elliot Wave & Fibonacci:
Possible [end of] Major wave 2
Testing Fibonacci target
If target support broke then there's a high chance that recovery will not be possible in the short-medium term.
Trend: Bearish
ACZ: Bearish
No Signal
Summary. Watch support, if support holds then it might be a good I dea to get in a long position, otherwise look elsewhere.
Possible [end of] Major wave 2
Testing Fibonacci target
If target support broke then there's a high chance that recovery will not be possible in the short-medium term.
Trend: Bearish
ACZ: Bearish
No Signal
Summary. Watch support, if support holds then it might be a good I dea to get in a long position, otherwise look elsewhere.
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