possibly 3 outcome
opportunity for shorting
good r:r entry at 0.707 fibbo
55% propability. low
abcd
Multiple SNR
but i take my chance..
88.6 as watch area
harmonic analysis
.
Good time to sell
abcd finish at snr channel
sell.. and find sell again and again again and again again and again again and again
arrived at resistant and rejected, touch at previous day low.. selllll
it's obvious. why do i need to write this shit.
major trend bearish, the area is the potential for the price to pullback and continue downtrend