the graph shows the previous Fibonacci grid, if the downward movement is maintained, then the levels from which the price can bounce up
the next question to you, here is looking at how this chart looks like what conclusions can be drawn? Where will the price go?
If the world is crazy, we can achieve these targets
presumably the price can bounce into this rectangle, and there may be a chance to sell on a small growth
and there is another option, if we move sideways, then most likely it is an intermediate correction
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previous
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expressed all his thoughts, I hope helped. as will appear in my head - I'll write
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and inly theory
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But if there is a combination of zigzags, then the goal changes slightly. but when you return to the local minimum, sell. because everything will go even lower
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if you look at the history of what was in the previous movement, then here is a combination of two zigzags, so maybe it will be repeated now
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