Multiple Fibonacci retracements pulled with confluence on the .786 and 0.618 .66 where previous heavy demand was before big move down
also low volume node and .382 lining up with eachother
Going to be looking for a short at 39k / 40k area let me know what you think, I will market buy when we see the reaction, if retest and rejected then short, if we break through and backtest as support I will long.
will post targets later on fib extensions.
also low volume node and .382 lining up with eachother
Going to be looking for a short at 39k / 40k area let me know what you think, I will market buy when we see the reaction, if retest and rejected then short, if we break through and backtest as support I will long.
will post targets later on fib extensions.
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