Right now price is heading to 81 cents as this is a major resistance and is currently a 0.786 fib level and a long term bearish trend like so if price does not break this level we will see a bounce off that trend like and see bearish continuation for another 4 years till it bottoms out at 47 cents. Cant see that the recent bottom being strong enough as there’s not...
Currently @ former major support levels right now and monthly candle most likely to end in doji can look for bearish potential from now until next year. Found the 1.07800 level to be long term target to hit early next year using harmonic price patterns and harmonic elements. RSI closing in on overbought levels. Everything calling for bearish continuation
Look at this simple setup, bullish trend which broke and now we are getting the retest. This aligned with these key levels marked in blue should see the price pull down.
As it is Monday don't risk too much keep it safe.
Will be watching how it reacts to 1.62750 , will be most likely taking partial profit and letting rest ruin play this will be a trade ill be holding for a few days
