Short term trade
This set up could break to the upside as price action has either created a flag formation favouring more upside or a head and shoulder formation, with the right shoulder testing the 61.8 fib.
We favour more downside.
This set up could break to the upside as price action has either created a flag formation favouring more upside or a head and shoulder formation, with the right shoulder testing the 61.8 fib.
We favour more downside.