Where is the volume?!
(It's all for fun and trade the lower time frames during this time)
(It's all for fun and trade the lower time frames during this time)
Comment:
Did expect a bigger bounce tbh, but the 'panic' is real as it seems! Let's watch it closely if it drops slightly lower to the 61.8 + trendline (green box) and bounces or falls trough and makes a double bottom
Comment:
Le green box got filled and it bounced nicely of the trendline! Let's see if it gains any volume during the day or get's rejected by the 61.8 (looks like it right now on lower the lower time frames) or the (now) resistance line at 3700.
If this doesn't gain any power at all and falls through, the next area to look at is the fib 123.6 & 138.2
If this doesn't gain any power at all and falls through, the next area to look at is the fib 123.6 & 138.2
Comment:
Slow and steady nowadays... 61.8 hit, so time to take some profits