After price broke down from a long mature uptrend price is currently struggling to break the correction 62% fib level.
Currently price is consolidating and we know
we are at a 62% retracement level on daily so odds
are probably we need a pullback to go further
lower to follow the trend.
Another scenario can be a bearish break could
happen next week.
Currently price is consolidating and we know
we are at a 62% retracement level on daily so odds
are probably we need a pullback to go further
lower to follow the trend.
Another scenario can be a bearish break could
happen next week.
