Price has respected the resistance of the 61.8% FIBO and looks to go bearish down to FIBO 88 extension and/or Supports
Trade active
Should price breakthrough and retest the current Resistance we will Consider a change to LONG trade. Current 61.8% is holding and being retested again.Trade closed manually
As noted on breakthrough and retest we would change our trade to LONG and have closed for profit.Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.