As we can observe price action is performing its lower lows and now it's going for lower high, this seems to be a selling opportunity as it also crossed 61.8 percent fib level which represents a confluence and like there is also a resistance that is also representing seller interest and now we can wait for signal on lower time frame i.e H4 or H1.
Investors
and traders are advised to make sure about their risk appetite and
tolerance as the market may take any position against your hard earn capital.
There is no guarantee or certainty in any of the analysis.
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