This is my theory of the market as we approach this strong support level on the daily time frame.
RIGHT NOW ABOUT 65% OF clients are on the buy side that is the reason for the draw down still and we are expecting a solid pull back to the 0.51 on the fib if this support holds.
watch closely and remember patient is key!
RIGHT NOW ABOUT 65% OF clients are on the buy side that is the reason for the draw down still and we are expecting a solid pull back to the 0.51 on the fib if this support holds.
watch closely and remember patient is key!