If price can hold this area which is a support on the 4hr , I believe price can rally back up to some of the fib levels , but only if price can hold above here.
I also think price can drop below to grab more orders before heading to those fibs ,
At this moment my bias is bullish with patience bit could continue to sell
I also think price can drop below to grab more orders before heading to those fibs ,
At this moment my bias is bullish with patience bit could continue to sell
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.