WATCH for entry at 0.786 fibs – reversal trade

WATCH for entry at 0.786 fibs – reversal trade


the fib level 61.8 seems to be holding quite well and 200ma approaching plus we got 2 different resistance areas – look left –
but personally I would wait till it settles and opportunity comes when CCI / MACD crosses towards the upside as I feel this dip might not be the only one.