In a short term analysis (1 hour chart), we can imagine an important support area with two important factors:
1) Possible H&S
2) FIB 23.60% as support
If breaks below that area, we may have the conditions for a real downtrend.
1) Possible H&S
2) FIB 23.60% as support
If breaks below that area, we may have the conditions for a real downtrend.