Hard to ignore the fact that the move from Nov 21 high to the 0.50 on the fib retracement looks kind of corrective with an impulsive move away from that golden ratio.
My bias here is up if we only look at price action and not the macro economy.
Purely an observation of price action only.
Could be a double top also. Nobody knows.
But so far looks like a damn good trade from the lows...
My bias here is up if we only look at price action and not the macro economy.
Purely an observation of price action only.
Could be a double top also. Nobody knows.
But so far looks like a damn good trade from the lows...