Support trend line broke as expected and closed at 0.382 fib. ($3620).
Now forming a little ascending channel with RSI oversold. I expect a small bounce to $3700-3800 (trend line retest + 0.5 fibonacci level) before heading lower. This might be a good spot to place some shorts.
Now forming a little ascending channel with RSI oversold. I expect a small bounce to $3700-3800 (trend line retest + 0.5 fibonacci level) before heading lower. This might be a good spot to place some shorts.