Confluences:
- On the daily timeframe the current price is retesting a breakout of the downtrend
- Reverse head and shoulders may continue following a possible bounce off the 61.8 fib level
Personally, I'm staying out but we could potentially see this TP.
- On the daily timeframe the current price is retesting a breakout of the downtrend
- Reverse head and shoulders may continue following a possible bounce off the 61.8 fib level
Personally, I'm staying out but we could potentially see this TP.
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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.