Fibs shows that it bounced off the 0.236 4 times. With enough confirmation that it will be going down. Also there was a doji which is another sign of a reversal. The overall trend line shows a bearish trend continuation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
