Retracing to the 38,2 to test the break below the line and later continue down toward 127.2 Fib retracement to tests the break from the previous highs on the daily chart.
Both of the zones should provide considerable resistance. Looking for a short term sell at "SELL ZONE". Looking for long term buy in case price reaches the "BUY ZONE" and shows the signs of struggle.
Both of the zones should provide considerable resistance. Looking for a short term sell at "SELL ZONE". Looking for long term buy in case price reaches the "BUY ZONE" and shows the signs of struggle.