Price retested major downtrend line on H4 frame and then rebound
Level 1487 was 61.8% fibonacci of the previous bearish wave
Price now is below resistance zone at level 1472
It's expected to break this up channel soon
Target will be around the demand zone at level 1400
Level 1487 was 61.8% fibonacci of the previous bearish wave
Price now is below resistance zone at level 1472
It's expected to break this up channel soon
Target will be around the demand zone at level 1400