Analyse
We hit the 0.786 fibo retracement and saw price action to the upside.
Macd is crossing over.
We're oversold.
Conclusion: price may start to push back up for a while.
Positive point: we know that 0.786 and 0.886 is a strong place to see reversals.
Negatif point: we did not hit the 0.886 of the fibo.
We hit the 0.786 fibo retracement and saw price action to the upside.
Macd is crossing over.
We're oversold.
Conclusion: price may start to push back up for a while.
Positive point: we know that 0.786 and 0.886 is a strong place to see reversals.
Negatif point: we did not hit the 0.886 of the fibo.
Comment:
Comment:
A bat sorry. Messing up the terms ;=)
