Price action moves on waves.
Fibonacci is a powerful tool where we clear can see a highly possible resting zone for a bigger move.
Long or short could be depend over you strategy.
For me testing the Golden Zone indicates a bigger move over the near future.
I consider them healthy market resting retracements towards a golden zone.
Like I always say... Only time will tell.
Fibonacci is a powerful tool where we clear can see a highly possible resting zone for a bigger move.
Long or short could be depend over you strategy.
For me testing the Golden Zone indicates a bigger move over the near future.
I consider them healthy market resting retracements towards a golden zone.
Like I always say... Only time will tell.
