As we can see, resistance on fib 0.618 is broken and now we are testing MA200, this in past was support point but I think it will be broken soon, and next target to test it is around 31, where also fib 0.786 is, and I think we already lost Bullish trend and we are now entering a bear market. Maybe, we will have short relief with some great news, but I assume tomorrow, Friday, before the weekend we will have great selloff again and we will go further to 31-32 levels.
At that levels we have some stronger resistance, but not sure will that be a bottom.
Disclaimer:
- this is not any kind of trading advice
- I am a noob, this is for my learning and training purposes
Comments are appreciated.
At that levels we have some stronger resistance, but not sure will that be a bottom.
Disclaimer:
- this is not any kind of trading advice
- I am a noob, this is for my learning and training purposes
Comments are appreciated.
