Looking for fib levels as potential targets,
incorporating price action at key levels to determine further movement to the downside or a reversal at target 1.
Bounce off critical level along with a spike/ minor hanging man also confirming the downtrend.
Carefully watching how the market reacts at critical levels.
**Educational purposes only**
incorporating price action at key levels to determine further movement to the downside or a reversal at target 1.
Bounce off critical level along with a spike/ minor hanging man also confirming the downtrend.
Carefully watching how the market reacts at critical levels.
**Educational purposes only**
Trade closed: stop reached:
Target 3 broken as a hard stop.
Looking for target 2