The current candle is very and tells us there has been a lot of selling off in the past 4 hours. Our larger chart pattern could be forming a which reinforces the pattern within the pattern. Which is the we see (purple) as well what looks to be the end of a .
is in a downtrend we want to see a bounce between 20-30.
shows that we are in a downtrend. Hope for a stop and reversal :P
has the price sitting between the .382 and .5 levels.
Watch for a price bounce off the bottom of the , break through the .5 fibonacci levels, increasing , and a candle to begin forming.
Join NewYorkSignals Discord: https://discord.gg/BHbpfjr
Join NewYorkSignals Telegram: http://bit.ly/NewYorkSignals