Has stopped exactly on the blue line which is the 0.618 Fib level and has bounced up to the 0.5 Fib, it is not out of the water yet but it is at least holding at important levels and showing that it has come down to the the blue line which I set 4 months ago. Sideways movement here is good to build up strength and a bounce would be great.....if it loses the blue line, the support levels below in red are as shown....I do not recommend holding below the blue line.
Hamad
2023-05-04 13:43:35 +0000 UTCKaan
2023-04-28 19:56:58 +0000 UTC