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We expect that 0,786 fib level will act as a temporary support where we can expect a 40 % bounce before continuing lower.
Entry for long would be around 0,75$.
However mid-term we should expect lower prices and 0,40 $ would be a reasonable entry for a swing long again as the higher low trajectory would be held in tact.
Good luck!
We expect that 0,786 fib level will act as a temporary support where we can expect a 40 % bounce before continuing lower.
Entry for long would be around 0,75$.
However mid-term we should expect lower prices and 0,40 $ would be a reasonable entry for a swing long again as the higher low trajectory would be held in tact.
Good luck!
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