Have a similar idea.the price got rejected 3times at 50% fibo and still did not get to make a new HH. I believe it will go up a little more before coming down to 61.8% to enter long full power. Posted on my page if you want to check ;)
definitely not looking bullish yet imo. If you draw a bullish flag it looks like wave 5 is not completed that’s why I think will drop to 61.8% after that I would confident to enter long. Right now it’s in the middle of traffic so it can go both wayside
definitely not looking bullish yet imo. If you draw a bullish flag it looks like wave 5 is not completed that’s why I think will drop to 61.8% after that I would confident to enter long. Right now it’s in the middle of traffic so it can go both wayside