Very quick idea.
Two counter trend lines and a double top are forming which is signalling sell. Taking out the impulsive move we saw on Friday we get back to our bottom trend line channel which lines up lovely with my plotted zone, fib levels and a good resistance level.
Just my idea!
Two counter trend lines and a double top are forming which is signalling sell. Taking out the impulsive move we saw on Friday we get back to our bottom trend line channel which lines up lovely with my plotted zone, fib levels and a good resistance level.
Just my idea!