- Encountered strong resistance at the cloud on two attempts now
- Below 9 day MVA
- Oscillating around long term 0.382 Fib
- Poised to return to 0.618 Fib
- If 1.317 fails to hold on a daily close, a similar scenario will play out from 0.236 Fib line
- Below 9 day MVA
- Oscillating around long term 0.382 Fib
- Poised to return to 0.618 Fib
- If 1.317 fails to hold on a daily close, a similar scenario will play out from 0.236 Fib line