There are two channels in a row on the chart. One of them is the Fibonacci Channels, while the horizontal ones are the Fibonacci Retracement.
The overlapping point of these two channels is 1.93% and we predict that we will reach this point in a short time.
Of course, we don't say this just by looking at the lines on the graph. With the latest incentive...
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
