We had. Strong move up to the .618 fib and saw rejection. I am watching this 37.75 if we do lose it an close below my main area I’m watchig for is 36.19. It would be a backtest of previous resiatnce of that bearish trend we hovered in for a few months. We do Howver have some start ichumchi cloud trend support below down to 37.56 so that being said I did open a small postion here velow 38$. Just my veiw if the floor falls out that’s what risk management is for. I will put faith in some of my key indicators on this one. Good luck!
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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.