My setup. im in the trade
As you can see it couldn't get highere than the 0.7 fib level, now we are in profit!
Beautiful bounce of 0.263 fib - Also the Round bottom pattern is formed. The candle will hold the 0.3 fib level, then bounce of it.
Lets see in a couple of hours
The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a trend reversal may occur. A hanging man is a type of bearish reversal pattern.
For me it looks short, but let's see.
i looks bearish too me