Hi Traders,
We saw a fall down to the 0.5 fib on the daily timeframe. So we could still see a further fall down to the 0.618 Daily fib. We would like to see a short term fall down to the next supply zone which is the grey area, if we get a rejection we will see prices push higher if not then the 0.618 daily fib will be the next expected test level.
Thanks
The Market Sniper Team
We saw a fall down to the 0.5 fib on the daily timeframe. So we could still see a further fall down to the 0.618 Daily fib. We would like to see a short term fall down to the next supply zone which is the grey area, if we get a rejection we will see prices push higher if not then the 0.618 daily fib will be the next expected test level.
Thanks
The Market Sniper Team
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.