0
116
We see on chart that prices have tested FIBO 161.8 and bounced back. From last white dot we can say that probably we have a new bearish trend but is not yet confirmed from the current gray candle.
Volumes are trying to come out from the Overbought zone.
I do believe that on this closing bar if price breakdown FIBO 100 with exit from overbought zone will start a new big bearish trend.
Warning: what will happen to prices no one can know, that belongs to the future.
Good Luck!