Hi Traders,
We are currently trying to break the trend line. There are two scenarios, 1. if we fail to fully break the trend line then we should see a move back up to the 618 Fib. However, 2. if we start to see sell side volume and the move to break he trend line strengthening then we can expect a further fall to support at 1150 roughly.
Thanks
The Market Sniper Team
We are currently trying to break the trend line. There are two scenarios, 1. if we fail to fully break the trend line then we should see a move back up to the 618 Fib. However, 2. if we start to see sell side volume and the move to break he trend line strengthening then we can expect a further fall to support at 1150 roughly.
Thanks
The Market Sniper Team
