Hello.The primary trend has been smashed 1 month ago.(Lets notice that this uptrend has been established since 2012)
I am sure that we have enter the decline stage because the price 1)has smash the primary trend 2)Its lower than MA(295).The consept is : "Where is the level of support? "
As we see from fibo the first low level will be at 89.08.Second level is at 75.74.(In my opinion this will be the lowest price)
Thanks.
I am sure that we have enter the decline stage because the price 1)has smash the primary trend 2)Its lower than MA(295).The consept is : "Where is the level of support? "
As we see from fibo the first low level will be at 89.08.Second level is at 75.74.(In my opinion this will be the lowest price)
Thanks.