Hi everyone, we broke last week the uptrend channel as well as moved below some important moving averages. I believe we are now in for a small correction before the market can continue upwards.
I have highlighted some of the possible U-turn areas with Fibonacci extensions. I have also highlighted a potential new downtrend channel.
I have highlighted some of the possible U-turn areas with Fibonacci extensions. I have also highlighted a potential new downtrend channel.