Classic downtrend here with pullback
to the .618 fib line. I like to wait until
it has touched the .618 and then broken
back down through the .50. This is a good
sign it's definitely on it's way back down.
Good luck. Let's wait and see.
P.S. Stop placed just above the .618 line.
to the .618 fib line. I like to wait until
it has touched the .618 and then broken
back down through the .50. This is a good
sign it's definitely on it's way back down.
Good luck. Let's wait and see.
P.S. Stop placed just above the .618 line.