If you look at Fibo and support, while it turns out that our bottom is at the level of 4850-5000. I suppose that if the situation develops like this, then maybe we'll see the wick in the district 4600, I do not see a lower price for 2018, but the price has surprised us and changed all our plans more than once)
From 6100 was expecting a local rebound to the area of 7000. Perhaps we will hold out in a certain corridor and after that we will collapse again, if the level of the local trend is broken, then it will be possible to try to enter small positions, although I'm more inclined to fall.
The current triangle in smaller timeframes has not yet worked for itself, constantly adjusting its borders.
bulls fought hard for that 61% retrace breaking. too many bulls got liquidated to test that region again. Defs going down, also i want to point out the old support is now a resistance. i dont see anyone talking about it. check out my chart if you want: