Approaching daily sell zone
63-64$ is a potential sell zone that includes Fibonacci level (61.8), minor structure and the 200 days MA.
Previous candle closed a bearish engulfing or as Outside Bar pattern.
A close below 62$ will probably trigger selling towards 60$ and 58$ (final target zone)
Tomer, The MarketZone
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Previous candle closed a bearish engulfing or as Outside Bar pattern.
A close below 62$ will probably trigger selling towards 60$ and 58$ (final target zone)
Tomer, The MarketZone
This analysis is part of the Weekly Markets Analysis newsletters
To read more interesting technical reviews for the week goo.gl/In0ztX
To subscribe to the newsletters - goo.gl/HXjCPV
Follow my blog - goo.gl/78KZsl
Subscribe to my Youtube channel - goo.gl/q8dbyT
