The Market now is testing the 50% value of Fibonacci retracement, for now the market is trying to go up to the level of 61 but anyway this recent bearish move is very significant and powerful and it's very hard to judge that the market will go up
The market will return again to the previous channel and will be in a sideway position with a high probability, also we have candles with small bodies within the resistance level and then we saw a red engulfing candle with a message, that is this resistance is a solid one and can't be broke, so we can enter short and put our target within the level of 7544.337
Stay close by, because the retest is near to happen
Please share with me your thoughts, Kind regards
Please share with me your thoughts, Kind regards
Please share with me your thoughts, Kind regards,
Please stay in your position the market will go up with a high probability, Kind regards
Please share with me your thoughts, Regards
Please share with me your thoughts, Regards.
Please share with me your thoughts Kind regards
Please share with me your thoughts