Hi Traders,
We saw a fall down to the 0.5 fib on the daily timeframe. So we could still see a further fall down to the 0.618 Daily fib. We would like to see a short term fall down to the next supply zone which is the grey area, if we get a rejection we will see prices push higher if not then the 0.618 daily fib will be the next expected test level.
Thanks
The Market Sniper Team
We saw a fall down to the 0.5 fib on the daily timeframe. So we could still see a further fall down to the 0.618 Daily fib. We would like to see a short term fall down to the next supply zone which is the grey area, if we get a rejection we will see prices push higher if not then the 0.618 daily fib will be the next expected test level.
Thanks
The Market Sniper Team
