if luna crosses the fib 85.4..I'll turn bullish...
Luna bottomed and retracement. For a wxy pattern. It can go as far high as 85.4 fib. so if reaches 100 fib then I'll turn
and look for a deep retracement to the upside. until then I remain bearish. Once it invalidates this count.
I will take a look at the ABC pattern which points $luna as far high as 120$
and look for a deep retracement to the upside. until then I remain bearish. Once it invalidates this count.
I will take a look at the ABC pattern which points $luna as far high as 120$
Comment:
Luna got rejected at 85.4 fib. very bearish IMO. I will be looking to short with a stop loss at 100% fib. I just need luna to try 1 more time to pass that 85.4 fib and when it fails and then ill be shorting.