On this trade we have a channel formed.
For the moment the price is on a previous resistance zone.
The 0.618 level is perfectly fitting the trendline inside the channel.
If that level is going to be respected from the price than I think we can buy it.
If not than we wait for the price to go on support trendline and get another new impulse.
For the moment the price is on a previous resistance zone.
The 0.618 level is perfectly fitting the trendline inside the channel.
If that level is going to be respected from the price than I think we can buy it.
If not than we wait for the price to go on support trendline and get another new impulse.