Failing to break above the 38% Fib suggests the previous leg up from the 100% was just a retracement and not a reversal. We've also go the 21 day SMA crossing under the 89 day SMA which is a decent sell signal (61% of the time when backtested) and the RSI still has some room to fall.
Not expecting a large move down, target would be around .081, stop would be around .084.
Not expecting a large move down, target would be around .081, stop would be around .084.
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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.