white line: neck line of a valid H&S. we have completed a pull back to it
white box: strong static resistance area + fibo retracement 38% is also in the same area
yellow line: midline of a channel drawn in weekly time frame
green line: ema 200
+ notice that all indicators say that our lovely market is still bearish!!
so, we will drop down... where to next? right to the abyss !!!
white box: strong static resistance area + fibo retracement 38% is also in the same area
yellow line: midline of a channel drawn in weekly time frame
green line: ema 200
+ notice that all indicators say that our lovely market is still bearish!!
so, we will drop down... where to next? right to the abyss !!!