Nice dip breaking below the 62% fib level and hiting the 70.5% level. we had some bad news so we could expect more down trend.
would like to see monday/tuesday create the High of the week which would indicate to me a further sell off by the end of the week. if we go straight down monday i will then consider long positions to hit the 27% profit area which would close a weekly gap.
This is not financial advice
happy trading
717
would like to see monday/tuesday create the High of the week which would indicate to me a further sell off by the end of the week. if we go straight down monday i will then consider long positions to hit the 27% profit area which would close a weekly gap.
This is not financial advice
happy trading
717
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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.