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We are inside a descending channel currently hitting the bottom of the channel and hitting the 0.618 fib level by drawing the fib retracement from the 1676 to 1740 so we can expect a bounce here.
Thank you for reading my post, have a great day, wish you all the best !
Information provided is only educational and should not be used to take action in the market.
Feel free to ask anything in the comments :)
We are inside a descending channel currently hitting the bottom of the channel and hitting the 0.618 fib level by drawing the fib retracement from the 1676 to 1740 so we can expect a bounce here.
Thank you for reading my post, have a great day, wish you all the best !
Information provided is only educational and should not be used to take action in the market.
Feel free to ask anything in the comments :)