hellow guys, in my opinion this is perfect place to have some rest and a small bounce.
1) it just sat on 4 H 200 moving average. that's not a joke
2) this is also 0.618 retracement on fib that is golden level
1) it just sat on 4 H 200 moving average. that's not a joke
2) this is also 0.618 retracement on fib that is golden level
from now we have no information yet about next move except to retest the low. maybe double bottom or if panic grows we will get lower low. good luck