Confluences -
1. Double top created at FIB 61.8
2. Broke the trend line. Using the FIB from the previous leg high to the low, we will look for a tap of 61.6 or 50 entrancement.
3. Below we can see M pattern being created.
1. Double top created at FIB 61.8
2. Broke the trend line. Using the FIB from the previous leg high to the low, we will look for a tap of 61.6 or 50 entrancement.
3. Below we can see M pattern being created.