We are now in a full-fledged downtrend. Again. But, we hit a very strong support level, hit as much as 5 times in the past few months. We also hit 38.2 Fibs on macro before going back down (not drawn)
I would expect a few days of grinding, slowly to the upside probably, then sharp move down (flag-like).
Of course, wait for proper triggers, this is just an outlook
Good luck all
I would expect a few days of grinding, slowly to the upside probably, then sharp move down (flag-like).
Of course, wait for proper triggers, this is just an outlook
Good luck all
