Going to take a swing at EJ after we have cleared the yellow rectangular support zone and the confluent 0.5 fib level, thus it shall become a good resistance, decreasing our chances of our stop loss being triggered. Targeting the green rectangle first (immediate support) then my second target shall be the added range, confluent with a support level.
Again, price has been consolidating the past three weeks prior to the resumption of heavy selling.
Again, price has been consolidating the past three weeks prior to the resumption of heavy selling.