-Price has formed a descending channel with 2 touches to the lower trendline and 2 to the upper.
will we see a further drop to the downside from the 61.8% Fibonacci level or will it break and start climbing again???
-My bias is still short due to the strong down trend recently, however if we do see a clear break & retest I may reconsider.
will we see a further drop to the downside from the 61.8% Fibonacci level or will it break and start climbing again???
-My bias is still short due to the strong down trend recently, however if we do see a clear break & retest I may reconsider.
