Hi guys,
We have 2 possibilities :
1) We are rejected by the trendline and the 50EMA (4h chart) to go back to the descending channel to 345 and to pull back from there
2) We break out the descending channel and the 0.236 FIB (397) to retest the previous trendline around 445
What do you think ?
Dont forget to follow me if you like my work.
Best,
Maxime
We have 2 possibilities :
1) We are rejected by the trendline and the 50EMA (4h chart) to go back to the descending channel to 345 and to pull back from there
2) We break out the descending channel and the 0.236 FIB (397) to retest the previous trendline around 445
What do you think ?
Dont forget to follow me if you like my work.
Best,
Maxime