-Price found support at the monthly demand zone and formed a double bottom. -Price then made a series of Highs and Lows as it began it's bullish push -Price then met resistance and closed Friday candle as a doji, hinting at bullish exhaustion. -The large bearish candle of today closing further confirm that price is ready to make a move to the downside. -Price also formed a double top pattern, which is a bearish reversal candlestick pattern. -I am expecting price to make a retracement to the 50.0 Fib level, which also will test the previous high. -A test of this previous high is also a test of the neckline of the previous double bottom. -A retest and respect of the previous high 50.0-61.8 fib level will serve as a higher low.
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