As of trend and chart pattern analysis:
Shows 3 resistance push as downtrend.
Formation of LH's and LL's at down trend line.
Fibo retests at the level 38% and 50%
BoS confirmation and now it's time for 61% retest/pullback after breakout.
So these many confluence shows bearish sign momentum towards 138% price level as first Target.
Shows 3 resistance push as downtrend.
Formation of LH's and LL's at down trend line.
Fibo retests at the level 38% and 50%
BoS confirmation and now it's time for 61% retest/pullback after breakout.
So these many confluence shows bearish sign momentum towards 138% price level as first Target.