FilipFX

FilipFX

If it breaks the 38.2% level, I would look for retracement of the 50% level

FilipFX

What I saw on this chart is that we have 4 confirmations for sell. The first one is that the price touched the downward trend line. The second thing is the hit of the 61.8% Fibonacci level and the third and the fourth confirmation are the divergence and the 70 level of the RSI. Have a good trading !!!