Daily divergence.
LL - LH formed.
Currently at 61.8 fib golden area.
Initial move if plays out will touch daily trendline giving a 3rd tap, we may see price then push further back to the upside.
If we break and retest the daily trend giving us the 3rd touch from a resistance, then i anticipate further downward momentum to longer term targets.
LL - LH formed.
Currently at 61.8 fib golden area.
Initial move if plays out will touch daily trendline giving a 3rd tap, we may see price then push further back to the upside.
If we break and retest the daily trend giving us the 3rd touch from a resistance, then i anticipate further downward momentum to longer term targets.