We're currently in the 0.38 - 0.5 zone under Fibonacci
and we're currently sitting in the weekly Ressitance zone.
While price might still push up towards 24400,
I wouldn't be surprised if the price would retest the
23331 - 23573 levels
I'm currently interested in the 4 hour Ascending triangle. A break above would test the 25000 level and a break below would...
Ideas based on weekly support and downward channel. I'm currently short term bullish as price rebounded on the sloping support. I'm expecting Price to reach out to MA 20 on the daily chart before continuing the bearish movement. Any movement not mentioned here invalidates my chart and my reading. Just a sharing, not a buy or sell call.
