Be aware that there is another major resistance coming which is also in confluence with the 61.8 Fibonacci.
For now it looks like the market has broken the neckline of the W-pattern.
Might be a Fakebreakout in order to trap Bulls.
We will see how this will play out during the next week.
Do not enter with a sell without any confirmation.
For now it looks like the market has broken the neckline of the W-pattern.
Might be a Fakebreakout in order to trap Bulls.
We will see how this will play out during the next week.
Do not enter with a sell without any confirmation.
