Bearish Trend
Price tested the .50 fib lvl twice before dropping to .236 where it ran into a bit of support
Sellers are expected to overcome buyers and drop price down to the swing low
Price expected to go up from the 61.8% retracement level, may test 78.6 before buyers are able to rally price up to the swing high.
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Spotted Butterfly pattern on the uptrend, price will rally to and test the 38.2% retracement level before finding minor resistance and moving to the 50%. This level has proven to be an area of resistance in the past. Close or keep partial positions open for a potential break in the supply zone.
