I'm already in short after shorting from resistance line. I supported my short with other trading style called Clones.
In my opinion Fib 0.5 is the highest possible level it can reach, if FED will raise Interest rates.
Good luck.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.