Everyone could see the huge bearish engulfing at a resistence area on the daily.
But let's keep in mind that potential support as well as a good take profit zone will be just slightly above the 50.0 fib. Markets do not go down in a straight line.
Intraday wise I believe they have established their sell position already.
But let's keep in mind that potential support as well as a good take profit zone will be just slightly above the 50.0 fib. Markets do not go down in a straight line.
Intraday wise I believe they have established their sell position already.