The price has been stalled around the 1.2030 resistance and showing signs of bullish fatigue.
With this also lining up with the December downtrend and 61.8% fib retraction.
Shows good signs of this being the end of phase 2 and a possible reversal
With this also lining up with the December downtrend and 61.8% fib retraction.
Shows good signs of this being the end of phase 2 and a possible reversal
Trade active:
Shot up over the first half of the day and back to the area of interest. Very bearish candle on the 1d.