Hi Traders,
I have highlighted a potential reversal zone.
The price is approching a support that has been broken and COULD become resistance. Note that we've got the 0.382 Fib retracement sitting right at this area.
If the market reach this zone we will need to see a bearish confirmation.
Happy trading
I have highlighted a potential reversal zone.
The price is approching a support that has been broken and COULD become resistance. Note that we've got the 0.382 Fib retracement sitting right at this area.
If the market reach this zone we will need to see a bearish confirmation.
Happy trading