it' a fib level of 50% plus a divergence just forming.
if we see a big red candle tomorrow, it can be a short trade.
The trendline looks good and there's a zone just above, maybe it'll touch it and form a bigger diversion.
it should b a better trade if the price touches that zone after breaking the trendline.
if it touches 170 round number like before, that'll be better.
if we see a big red candle tomorrow, it can be a short trade.
The trendline looks good and there's a zone just above, maybe it'll touch it and form a bigger diversion.
it should b a better trade if the price touches that zone after breaking the trendline.
if it touches 170 round number like before, that'll be better.