Understanding how the market reacts, is a very important and crucial sh*t for profitable trading..
I will advice you use your nights and weekend to understand the language of the BULLS and BEARS!
Yes! A Fibonacci tool was use on this illustration. You might wanna ask why?
I personally define a Fibonacci tool as an instrument use in checking the market temperature! So try learn and Use it the right way.
If this illustration was helpful, give me a thumbs, it encourages the analyst and help reach more people.
And if you also gat your own view, please share in the comment section. Talk to you soon!