I expect some more upside to the projected extention of the upward retracement.
It is the same level as the 61.8 fib retracement of the last downmove.
please leave a like and i would really like to see some comments and/or discussions below! thanks!
(stopploss above the origin of the downmove would be a good idea. and please observe price action before entering. dont jump blindly into that trade-. patience is key.)
It is the same level as the 61.8 fib retracement of the last downmove.
please leave a like and i would really like to see some comments and/or discussions below! thanks!
(stopploss above the origin of the downmove would be a good idea. and please observe price action before entering. dont jump blindly into that trade-. patience is key.)
touched the zone and gave bearish reaction.