I'm expecting price to continue going to the downside.
1. price could break trend line going to the downside right away.
2. Price could break to the upside just to bounce off the 50.0% or 61.8% Fib level aka the 'Golden Zone' to continue heading to the downside.
3. Take Profit 1 ~ Fib TP
Take Profit 2 ~ 1.20
NOTE ~ PRICE IS UNDERNEATH THE 50 MOVING AVERAGE !
1. price could break trend line going to the downside right away.
2. Price could break to the upside just to bounce off the 50.0% or 61.8% Fib level aka the 'Golden Zone' to continue heading to the downside.
3. Take Profit 1 ~ Fib TP
Take Profit 2 ~ 1.20
NOTE ~ PRICE IS UNDERNEATH THE 50 MOVING AVERAGE !
Trade closed: target reached