Indecision at a major Fibonacci ratio confluence ceiling implies this level is active and and means trades can be taken with tight stop loss procedure.
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Best regards, Tom
Kommentare
TimBrent
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on my watchlist also ^^ good luck
TomProTrader
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We got this one, let's see some more downside !
PC_8009
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potential bearish bat in play already with larger abcd target down bottom
IvanLabrie
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I'm thinking sideways in all *cad pairs, specially gbp, eur and usdcad.
Wouldn't short. Just waiting to add more to longs.
TomProTrader
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Every idea is technically valid until invalidated so any of us could be right. I'll be taking this short based on the tight stop loss, and the bear momentum, even if only temporary I will make a profit, even if small.
IvanLabrie
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Yes, 100% correct in that regard.
Just stating my biased opinion.
(I'm long)
Cheers.