After strong impulse move up, it was followed by 78.6% fib retracement.
Lack of conviction in buying during this time, but right at 78.6% fib area we see stronger bull movement.
Bulls may be lurking there to catch late sellers.
Lack of conviction in buying during this time, but right at 78.6% fib area we see stronger bull movement.
Bulls may be lurking there to catch late sellers.