Fibs as support and resistance along with trendlines. This was draw using a higher timescale - I see a head and shoulders forming.
What we should see is consolidation at the 8.31 before a retest for support and breakthrough of resistance.
What we should see is consolidation at the 8.31 before a retest for support and breakthrough of resistance.
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Looks like back to the drawing board ! The bears weren't as strong as I thought they were.