We hit the 61.8% -- are we going to bounce up? Maybe.
Will we possibly test the bottom EMA, which is also the 50%? Maybe.
We are in a "double bottom" setup atm on the 1hr/4hr. However, it's not considered a double bottom until the pattern completes, so wait for it.
Not Advice. Price Action Not Guaranteed.
Will we possibly test the bottom EMA, which is also the 50%? Maybe.
We are in a "double bottom" setup atm on the 1hr/4hr. However, it's not considered a double bottom until the pattern completes, so wait for it.
Not Advice. Price Action Not Guaranteed.