Hi Folks
A quick look at the daily chart.The bounce from 30 arrived. My thoughts was that it would be a 3-4 day bounce .So far a two day bounce.
Notice on the chart there are a series of 3-4 day bounces just in recent history. Most accumulate upwards, but one (purple circle) surged and then slowly descended. I have see that bounce type before.
That seems to be the pattern so far with this bounce.
Notice there are two downward FIBs, first the Purple FIB 53.5 to 30 bounce reached 23.6% retrace fairly standard. The second from the DCB peak 45 to 30 and the bounce reached 38.2% again fairly standard.
Lets see if it is a 3-4 day bounce.
cheers Lies
Hi FolksA quick look at the daily chart.The bounce from 30...
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