Wednesday didn't show much difference to report. Price consolidated and created a doji.
On Thursday we saw a massive bearish candle created and closed on the other side of the zone. This could be a signal for more bearish momentum in the future.
However, if we take a look at "recent" price movement on the Monthly timeframe, we can see something interesting. The market came and connected with the 618 fib level after creating a Higher High in 2018. This could mean a very long reversal. Only time will tell.
On Thursday we saw a massive bearish candle created and closed on the other side of the zone. This could be a signal for more bearish momentum in the future.
However, if we take a look at "recent" price movement on the Monthly timeframe, we can see something interesting. The market came and connected with the 618 fib level after creating a Higher High in 2018. This could mean a very long reversal. Only time will tell.
