So price moved down after the break of the down moving trend line as we expected in my last post. Now since move is having in an impulsive manner following are the levels to watch out for. 225 is 38% fib ratio and there are previous support from last month which now is resistance.
261 which is 50% fib ratio and 298 ultimate 61% fib ratio. Doesn't mean we come out here but we should just see price action when it reaches these levels and act accordingly.
GOOD LUCK TO ALL.
If you like it please upvote it and resteem it and comments are welcome.
NOTE: I am not a financial advisor and this is for education and entertainment purpose only. This is not a trading advise and just my opinion, please trade at your risk and do your research.