Hello,
First chart, so be gentle. :)
I think a further retrace will occur, since there's a Bearish TK cross under the cloud.
Need confirmation for a real downtrend.
Question is, will the retrace go further below the Fib levels?
Time will tell...
First chart, so be gentle. :)
I think a further retrace will occur, since there's a Bearish TK cross under the cloud.
Need confirmation for a real downtrend.
Question is, will the retrace go further below the Fib levels?
Time will tell...
Comment:
Well it holds at the 0.236 fib level. We'll see if it drops further...