PRZ: 27.02 - 24.46
AB=CD @ 27.02
Inverse 0.5 BC projection @ ~24.46 (debatable whether it is a 0.5 or 0.618)
Due to the ongoing oversupply this will obviously be a short-term trade. I'll be looking for favorable price action within the PRZ before opening a position.
AB=CD @ 27.02
Inverse 0.5 BC projection @ ~24.46 (debatable whether it is a 0.5 or 0.618)
Due to the ongoing oversupply this will obviously be a short-term trade. I'll be looking for favorable price action within the PRZ before opening a position.