I'm recently beginning to analyse the markets and this is what I think:
The market shows a diagonal trend line that has been broken and I believe the market is going to support on it and go up to the 27% fibbo lvl.
I am an amateur on this topic, so i wuld like to have some opinion or advice about it, thanks for the reading.
The market shows a diagonal trend line that has been broken and I believe the market is going to support on it and go up to the 27% fibbo lvl.
I am an amateur on this topic, so i wuld like to have some opinion or advice about it, thanks for the reading.
Comment:
The market shows a fake break out, any way if the diagonal trend line eventually is used like a support (i think that is going to happen after respecting the 50 lvl and if the bearish force is really strong may be the 61%) i'll go for a long position, I would like to read your thoughts about it