W1 price is located below 200 period SMA (200-SMA)and below 100 period SMA (100-SMA) for the primary bearish with secondary ranging between Fibo support level at 1077.20 and Fibo resistance level at 1232.41:
The price is ranging between Fibo support level at 1077.20 and Fibo resistance level at 1232.41;
100-SMA crossed 200-SMA from above to below for the bearish trend to be continuing;
If weekly price will break Fibo resistance level at 1232.41 so the price will start to be reversed to the bullish trend;
If weekly price will break Fibo support level at 1077.20 so the primary bearish will be continuing;
more...
Bookmarks