EJ Short Idea
Price action has been majorly bearish on the daily and weekly timeframes and we are waiting for a confirmed reversal around one of our prz level. Currently price is at the 50% weekly fib but we would ideally like to see the 61.8% fib level hit and rejected
Our target will be the monthly support level around 116.000 followed by the -27% fib level around 113.850
Price action has been majorly bearish on the daily and weekly timeframes and we are waiting for a confirmed reversal around one of our prz level. Currently price is at the 50% weekly fib but we would ideally like to see the 61.8% fib level hit and rejected
Our target will be the monthly support level around 116.000 followed by the -27% fib level around 113.850