Internal trend momentum is just starting to build for the bears at the downside break of the blue 61.8% Fibonacci level.
This puts a full retracement (back to previous low) opportunity in from of us to buy lower. The break of the minor trend line has the objective just underneath previous low (see black arrows).
Buying recommendation is somewhere inside the target zone marked on the chart... Happy Trading!
This puts a full retracement (back to previous low) opportunity in from of us to buy lower. The break of the minor trend line has the objective just underneath previous low (see black arrows).
Buying recommendation is somewhere inside the target zone marked on the chart... Happy Trading!