We have here two scenarios FIRST: the price is being rejected in a relevant resistance which does not manage to break or overcome significantly since November 7, so I am looking for a rejection candle to go on sale until level 50 of the fibo that I trace, getting about 40 pips approximately. SECOND: my second scenario is the formation of a double ceiling, to...
the price is being rejected at level 50 of Fibo and being under significant resistance it is predicted that the price will fall to 108,302 with a distance of approximately 109 pips. I am quite new publishing my ideas.