Quite promising in the beginning, but once that 15.5 area got hit and the momentum died off the writing was on the wall. As already mentioned above todays candle is a Gravestone Doji. That plus the heavy resistance at 15.5 is putting a dampener on events.
A slight retrace on some sideways movement is the best scenario from here.
A break of the 50% Fib and I'd be looking for the 38.20% to hold. imo.![]()
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Quite promising in the beginning, but once that 15.5 area got...
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