Acute uptrend, to a possible retracement at 127% level, if trend retraces then watch for a retest at the 100% level. then confirm with the MACD for the bullish movement towards the 161.8% level. If it does it is a good opportunity to sell as the market will most likely reverse fully
The bearish trend might be able to hit support and bounce back to hit the 38.2% level to then retest. if it breaks then will hit the 61.8% level and again a possible reversal, if it breaks then will go bullish towards the resistance.
