We have bullish divergence forming on the 4hr, so might see a reversal. But price has fallen thru support, and if it stays below, my next target is 15.75.
Another thing I see is a bullish bat, and price is currently trading in the potential reversal zone. BC of 1.618 and alternate ABCD of 1.618.
I'm thinking more of a long setup, but if that doesn't go to plan, then continue selling.
Let me know your thoughts.
Another thing I see is a bullish bat, and price is currently trading in the potential reversal zone. BC of 1.618 and alternate ABCD of 1.618.
I'm thinking more of a long setup, but if that doesn't go to plan, then continue selling.
Let me know your thoughts.