Fibonacci Support & Resistance levels.
Triple Cross UO
OB < 60
UO < 50
UO2 < 50
UO3 < 50
=> Oversold condition of the market
Some spike can be expected for short-term moves.
Mid-term perspective depends on patterns and behavior of the market near blue separator. By the time price enters green zone braking out of blue separator, bears will be shaken off.
CURRENT TimeFib 1.236 established assumed short and mid term bottom. Nevertheless overall bearish incentive isn't yet gone off the market.
Upcoming TImeFib Dates:
1.382 at 9 AUG '22
1.618 at 28 OCT '22
NO STEEP FIB Channel
Triple Cross UO
OB < 60
UO < 50
UO2 < 50
UO3 < 50
=> Oversold condition of the market
Some spike can be expected for short-term moves.
Mid-term perspective depends on patterns and behavior of the market near blue separator. By the time price enters green zone braking out of blue separator, bears will be shaken off.
CURRENT TimeFib 1.236 established assumed short and mid term bottom. Nevertheless overall bearish incentive isn't yet gone off the market.
Upcoming TImeFib Dates:
1.382 at 9 AUG '22
1.618 at 28 OCT '22
NO STEEP FIB Channel