We see a clear resistance at the top, but an uptrend in general. So for me there is a lower timeframe downtrend which is built by lower lows (building now atm, I used fibonacci tool for help and we saw the first lower high at fib 61.8 level and the next lower high would be at 50.0 which is exactly now. it could move because I lower timeframes are easily manipulative, so thats why my sl is some pips above 78.6 fib level).
Great potential, leave your comments below!
Great potential, leave your comments below!