We can see that bearish crab has been finished. With that being said we can await price testing all level in possible reversal zone, so we could experience price reaching 2.618 level of ABC fibo. expansion. Once all levels in PRZ are tested and we have some secondary confirmation (RSI declining through 70 level from upside, RSI and-or stochastic divergence) we can experience price going down.
Chase value, not price
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Chase value, not price
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.