breaking the 78% Fibonacci resistance will indicate a bullish reversal attempt.
meaning a short term retracement is expected upon breaking the said fib. level
for now this is what I see on 5min chart a bearish Quasimodo pattern + a rising wedge pattern.
I suggest not to trade this yet as we need further confirmation and data to print before we can provide high probability set up.
let this chart serve you as guide only.
for now we just observe it while waiting for a concrete confluences.
but if your a risk taker consider this as bottom 👌 Dca if you can.
