EJ has been tracking down our bearish channel for months now.
Our projection is that price will go a bit lower down to our demand zone which is also our 78.6% fib retracement.
Once price is inside our demand zone we look to enter LONG up to our supply zone which is also our midpoint in our channel (possible resistance).
Our projection is that price will go a bit lower down to our demand zone which is also our 78.6% fib retracement.
Once price is inside our demand zone we look to enter LONG up to our supply zone which is also our midpoint in our channel (possible resistance).
Comment:
TP HIT!