The Chart is in a descending channel currently due to the high purchase. The Fibonacci retracement is measure from the previous high to low. The break of the channel would be devastating in a down trend but if we break the channel on top then expect the long term bullish chart as expected. The stop loss should be set on the channel break down point. Thank you.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out