CoCody

CoCody

Tapped higher fib levels, rejected off a line of a previous high in the past that's contributed to the bearish 1W+ candles. Rate cuts are soon to occur which means less investment in bonds, de dollarization due to U.S. foreign policy economically punishing countries not cooperating with the U.S., U.S. debt exponentially increasing is unsustainable and will make...

CoCody

Lower high on 12hr and daily, if true, could be a lower high on the weekly if it's a top, therefore it could be wise to look towards lower fibonacci levels until proven otherwise.

CoCody

After tagging the 0.786 and creating lower highs, next targets to consider would be the 0.618, and the 0.786 imo. If price breaks down and creates a new low, imo US30's 1.618 could be an area to watch.