Dislikedcurrent analysis continued....
this move down is not over yet in my opinion...we were given wall 1 and 2 for this downtrend just now.
theres also the matter of fibs...i will repeat this all the time....fib theory says 23.6% to 61.8% is trending area before breakouts...at this time 23.6%(for this last move low to high) is trying to become resistance.
61.8% on the other hand overlaps with 2 before mentioned longer term fib levels...that area will be of great interest to me when reached...im most likely going long there.
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Edit: that downtrend channel ended fastly...wow...insane...now lets see if it was just extended or it is a break upIgnored
Edit: note that would mean breaking the current uptrend wall (the blue one in the pic) so IF that 1.3575/85 gets reached...it may just be leg one of more legs to come south...right now everything is so all up in the air hard to say what will happen next
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