So I like this one for several reasons ....
Overall trend is down
We are at a zone/ area that has proven to be re actionary - resistance now but was support a few weeks back
We are at a fib level - the 50% retracement baed off of last entire impulse wave
We are at the outside of the equidistance channel
Well lets wait and see if we get a good entry 50% of the last daily candle is short order
Overall trend is down
We are at a zone/ area that has proven to be re actionary - resistance now but was support a few weeks back
We are at a fib level - the 50% retracement baed off of last entire impulse wave
We are at the outside of the equidistance channel
Well lets wait and see if we get a good entry 50% of the last daily candle is short order
