SLP has been bouncing on the 0.618 fib level for a few days now but getting a rejection from the trendline.
MACD is weak.
We need to see a breakout from the trendline and a retest of the trendline to gather enough momentum on MACD to hit the targets.
Targets and resistances are shown on chart.
This is not financial advice.
Trade at your own risk.
These are just my thoughts.
Comments are welcome
MACD is weak.
We need to see a breakout from the trendline and a retest of the trendline to gather enough momentum on MACD to hit the targets.
Targets and resistances are shown on chart.
This is not financial advice.
Trade at your own risk.
These are just my thoughts.
Comments are welcome