Strong support at 50% retracement, price will continue to fall to around the 21&50 MA Crossover.
The level below was also a 50% support, price seems to hold and respect that level.
Notice also price is currently pushing outside of the band which indicates further continuation of the trend.
The level below was also a 50% support, price seems to hold and respect that level.
Notice also price is currently pushing outside of the band which indicates further continuation of the trend.
Comment:
We may see some consolidation before the drop.
Trade closed: target reached:
Hit baby.