The coming down to the 618 FIB level coincides with the peak of 1st August 2017. I am expecting a rebound from here.
Note
nice fall, thank you mr marketNote
watch the price action as it breaks out from the upper channel. After hitting the 382 FIB level, some bears are lurking around to prevent it from going higher. Be cautiousNote
very fierce selling. avoid countertrend trading .Disclaimer
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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.