What’s Next?
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Monthly
Ok, on the monthly, price is retracing between the Fibs 50% 109.940 and 61.8% 107.889
Weekly
On the weekly, there has been a bullish attempt to push price higher. It managed to surpassed the Fib 50% 109.940 and went up to 110.914.
I find it interesting because although bears managed to bring back down the price, the candle has a huge green wick. What can it be? Are the bulls still strong in a way?
Daily
What will it be? Will price break up Fib 50% 109.940 and continue its way up or break down its support price level 108.951 to continue retracing?
Monthly
Ok, on the monthly, price is retracing between the Fibs 50% 109.940 and 61.8% 107.889
Weekly
On the weekly, there has been a bullish attempt to push price higher. It managed to surpassed the Fib 50% 109.940 and went up to 110.914.
I find it interesting because although bears managed to bring back down the price, the candle has a huge green wick. What can it be? Are the bulls still strong in a way?
Daily
What will it be? Will price break up Fib 50% 109.940 and continue its way up or break down its support price level 108.951 to continue retracing?
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