With the help of OBV indicator, we see the current price direction is likely to continue downwards just after bearish divergence on MACD started from 14-Jan.
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38.2% level reached. We will follow-up this with a new graph later.
Good graph. I believe with the market conditions, it will continue to drop.
It held strong after it's 3 wave surge in current times above the first fib level but it's dropped through now.