We are still in a bearish trend on our D-timeframe.
Price has been bouncing inside the 1.0 and .786 fib zone.
The bulls have been unable to break the daily high @ 76.208, which indicates a possible setup for going long.
Price has been bouncing inside the 1.0 and .786 fib zone.
The bulls have been unable to break the daily high @ 76.208, which indicates a possible setup for going long.
Commentaire:
I mentioned this is a setup for going long which is inaccurate, I meant this indicates a possible setup for going SHORT.