following from the analysis on the 14 March. currently in a key area, awaiting a reversal/ break to confirm. May push down to the 50% fib level. patience.
Comment:
We have broken down through the channel - I will expect this to retrace to the 50% fib level.
Trade active:
I am long from the the fib level after this hanging man on the daily
Trade closed: stop reached:
price has moved to lower than 50% fib mark, this invalidates the trade.