Overview: Price has put in a deep retracement although we have not tested the most recent level of resistance we are at a historically significant AREA of resistance. Price could have a significant pullback stops and targets placed the markets are extremely volatile!
Technical analysis :
- Price rejection 618 fib retracement
- High momentum bear candle
- Break of rising wedge
Technical analysis :
- Price rejection 618 fib retracement
- High momentum bear candle
- Break of rising wedge