Yesterday we got a test of the 0.78 Fib at $78 followed by a rejection and now the price is holding below the 0.5 Fib, so we have a lower high in now, a lower low next below $68 would confirm the trend to the downside
Until that happens the Bulls can step in at any stage and try push this higher to the $84 level
Still not worth the risk here for me.
Gareth Neary
2024-12-17 16:01:31 +0000 UTCSuhas Chatekar
2024-12-17 15:02:26 +0000 UTC