Quote from post #16157 (above) Daily Chart: 1, keep an eye for possible resistance/support at fib line: $1, $0.85 and $0.7
2, if it rebounce after $1, watch out for shoulder (possible peak at $1.18-1.2), if fail to break above $1.2, then it is safe to say goodbye to MAD for next few months (or untill downtrend on monthly/weekly chart is finish).
anyone still remember this head and shoulder confirmed ? easy profit.
now I am waiting wait for next support level. and watching oil price chart.
FDM Price at posting:
$1.11 Sentiment: None Disclosure: Not Held
