Hello Traders!
As we can see, we are bouncing on the 78,6% fibo lvl from last push up, so if we'll be able to hold this lvl, we can expect price moving toward 8800+, but we might as well won't be able to hold this lvl, so in this case we expect to drop towards violet box with blue eye, and then depends on showed price action we may expect a move upside towards yellow, and green boxes.. There is as well a GAP marked up on blue, so before next sharp move down, we want to see price run up to around 10.000 and then drop lower towards 7500 lvl...
Thank u for attention!
God bless u ALL!!
As we can see, we are bouncing on the 78,6% fibo lvl from last push up, so if we'll be able to hold this lvl, we can expect price moving toward 8800+, but we might as well won't be able to hold this lvl, so in this case we expect to drop towards violet box with blue eye, and then depends on showed price action we may expect a move upside towards yellow, and green boxes.. There is as well a GAP marked up on blue, so before next sharp move down, we want to see price run up to around 10.000 and then drop lower towards 7500 lvl...
Thank u for attention!
God bless u ALL!!