We had a bearish engulfing candle form on the 26th of last month which could indicate the bears have taken over.
Price looks to have found resistance at top of the rising wedge, creating a quadruple hit and is currently making its way back down towards the bottom of the wedge.
Looking for some consolidation near the .618 fib area before a larger move down.
Good Luck!
Price looks to have found resistance at top of the rising wedge, creating a quadruple hit and is currently making its way back down towards the bottom of the wedge.
Looking for some consolidation near the .618 fib area before a larger move down.
Good Luck!