Hello traders,
Just wanted to pop in with a quick update.
0.618 fib is the area of interest for me (golden pocket) which could end up printing a lower high and continue the downtrend (the high being the area we rejected from, which is the retest of the broken uptrend) or stops get front ran causing liquidations it just depends on what whales end up doing.
If we do reject and end up printing a lower low and sweeping the lows, 0.382 fib would be my area of interest.
Will post updates to this post throughout price action.
Please like/comment.
👍