Seen price broke back to the upside and making its way down to the 50% - 61.8%.
We'll wait and see where this goes, could already make its move from this zone, but I'm looking forward for price to go towards 61.% level and retest for a long position.
As you can see, 61.% level is also the previous resistance & support which makes this a good reversal zone.
KEEP IT SIMPLE.
We'll wait and see where this goes, could already make its move from this zone, but I'm looking forward for price to go towards 61.% level and retest for a long position.
As you can see, 61.% level is also the previous resistance & support which makes this a good reversal zone.
KEEP IT SIMPLE.