A new week brings storms, and last night many probably lost sleep. That's why I don't like to enter trades at night; the time from 8:30 PM to 3:00 AM overlaps with the largest liquidity markets in the US and Europe. One market closes, another opens, and here I am in Vietnam losing sleep 🤭.
Just kidding, let's get to the main point. Today I’m too lazy to write a long analysis, so I’ll just bullet five points, and you can evaluate them yourself.
- PF is trending down, and the price has tested the lower PF boundary twice unsuccessfully.
- The price is testing the 0.618 level but cannot break through.
- But the price is still testing the 1.618 level (purple line).
- William %R is in the oversold zone and is still maintaining.
- MACD has crossed and is still - quite deep.
What do you think should be done?
Good luck to you all 🤭
