According to the chart , by my perception the trend is downward . for this reasons :
1- Overlap of two FIBOs (Extension & Retracement ) at the 0.786 and 2.272
2-MACD confirms the above overlap
3-we encountered with divergent of RSI
4- FIBO time zone shows that we are at the correction price zone
1- Overlap of two FIBOs (Extension & Retracement ) at the 0.786 and 2.272
2-MACD confirms the above overlap
3-we encountered with divergent of RSI
4- FIBO time zone shows that we are at the correction price zone