What do you think?
Bearish or Bullish
In my opinion, Fibo 61.8 and 50,0 are holding and still bearish. Also, I think the price made LH and will make LL at $1750 ish.
please feel free to share your opinions, I am a beginner trader.
My bias is still bearish because the resistance from 2020 MAY ($1754) has still held the price to made a reversal.
As I mentioned before 4 HOUR chart made HIGHER LOW so that it could drop in within today or tomorrow.
Currently, consolidating between 1734-1738, for me, this is the selling area for most people.
If you see my previous analysis, you could understand...
Price will start to fall now.
1736 is the current key level
1724 is the current support level
However, the price will fall and fix in 1724 and break through from 1710 to 1684.