A fair value imbalance can be seen between the 0.6 and 0.7 fib level where the price would totally fulfill the imbalance. This would be also a short squeeze, which will indicate a red flag if the price hit the mentioned zones.
12.630$ would be the price target for this selloff.
Be aware of the CPI release. The technicals are not that dominant at these times.
12.630$ would be the price target for this selloff.
Be aware of the CPI release. The technicals are not that dominant at these times.