Trading on Fibo levels using a correction grid. Short position
Trading on Fibo levels using a correction grid.
Trading on Fibo levels using a correction grid. Short position
The intersection of the W1 channels, correction 50-62% to the upward impulse (blue), = fall to the support of $1765, $1700.
The intersection of the ascending and descending inclined channels W1, + A rebound from the support of $ 27 and growth to the resistance of $ 54
The price is already behind the ascending channel D1 - preparation for a fall. On H4 there is an increase to the resistance level of 1.3500 and then a decline to the support level of 1.3170