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Ceiling becoming and floor, I would buy at that level.
I think that it will hit the area bar again and then continuing in a certain direction.
Short, Bullish trend.
I believe that the movement is bullish
Since it has hit the 38.2% mark I think it will go bullish.
I believe if it breaks the 23.06% mark the trend line will continue bullish, wait for the trend line to hit around the 38.2% mark to buy in.
it will reach the 78.6% mark and then either, go bearish more or make a turn and go bullish.
I believe this will continue increasing and there will be dips, but overall this will go to 1.25349.
This trend is clearly going bearish.
THe graph is displaying a upward trend then going into a lower low.