It looks like we may see something like that. I don`t plan to enter yet, but if goes near the fib .382(38.2%) and retest near the fib .236(23.6%) I may try a short for a risk/reward of 1.3 to 1.6, moving my stop loss to .236 after break .382 Fib. I will aim for that.
Also, you can see two green lines, both are Trend lines, if stay in the green line below may go back to bullish, and if sky-rocks upwards breaking the green trend line above we may see great upward momentum.
So if you decide to use this strategy remember to use a Stop-loss. You should decide yourself what to do with your money. It`s risky AF
Also, you can see two green lines, both are Trend lines, if stay in the green line below may go back to bullish, and if sky-rocks upwards breaking the green trend line above we may see great upward momentum.
So if you decide to use this strategy remember to use a Stop-loss. You should decide yourself what to do with your money. It`s risky AF