Hi traders. weekend is here. time to relax and look back.
They say older people are wiser, since they know what happened in the past, hence they git a wider view.
Weekly chart we can see a great divergence, meaning we should welcome the BEARS are enjoy the downhill ride.
It doesn't mean it will happen on Monday, but bear in mind - it will come sooner then later.
and when the bears will hit, it will be painful.
targets are as always the 0.618% fib retrace.
BUT, we gotta keep respect Daxi, and price action. so looking at daily time frame will be our helping hand.
Enjoy your weekend !
They say older people are wiser, since they know what happened in the past, hence they git a wider view.
Weekly chart we can see a great divergence, meaning we should welcome the BEARS are enjoy the downhill ride.
It doesn't mean it will happen on Monday, but bear in mind - it will come sooner then later.
and when the bears will hit, it will be painful.
targets are as always the 0.618% fib retrace.
BUT, we gotta keep respect Daxi, and price action. so looking at daily time frame will be our helping hand.
Enjoy your weekend !
A-a, A1-a1, B-b, B1-b1 shows clear BEAR divergence ...