Willow 0008
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Overall prices are in a ranging uptrend. Previously we see a heavy selling at the Fibo area between 0.618 till 0.786. Keep in mind, that area had many 'Trapped' souls.
Moving on, we see a strong rally during March this year. Prices rallied back to the 0.618 fibo area and were not able to breakthrough that area, why? Now remember the 'Trapped' souls i mentioned above? That area is now off limits till whoever had been trapped previously sell all of their positions.
Today we see prices are testing an important area of 0.786 + 0.382 Fibo level. If prices are able to breakup this area, prices should rally back to the 'Off Limits' Area. Otherwise, prices will continue dropping.
Industry : Technology.
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