Upwards channel broken down and retested.
Shaded areas mark support / resistance
Fibo level also coincides with the 1st support area.
Will wait and see if it breaches the 1st level
Shaded areas mark support / resistance
Fibo level also coincides with the 1st support area.
Will wait and see if it breaches the 1st level
Comment:
Touched the bottom of the shaded support area and bounced back.. Need to see if it breaks tomorrow.. if yes, then shorts possible till 254 / 250...