In a descending channel, the market has given me 3 touches on a resistant trendline, and the latest touch is on the fibonacci zone (50 - 61.8).
and the price retested the resistant zone (Psychological area) which the price respects as you can see if you go to Daily and weekly.
So, i used Fibonacci and trendline to determine the next move for the price.
Nobody is correct until the market confirms.
So, let's go!
Please follow me on facebook as well. Bhekani Bhompus Sakhile
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