What we are looking here is a trend reversal! price had come up to a a zone of resistance that has been rejected since January! Making it an extremely reliable resistance as you can see from the big dip in price, i expect this trend reversal to continue downwards once our price comes back up to test our gold zone on the fib! If you guys like this idea or have comments of your own please smash the like button or comment below!
Chart PatternsTrend Analysis

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