$INTC
Di W1 forms a double top, retesting and getting rejected.
Now it’s in the FVG, and below the 0.5 fib level here, it may be trying to target the next FVG that overlaps with the high at 0.618 and the low at 0.70 between 71 - 79 here. We’ve often seen how this plays out.
PWL is at 85; a break below it will likely cause a drop of almost 7-8% within a week
Di W1 forms a double top, retesting and getting rejected.
Now it’s in the FVG, and below the 0.5 fib level here, it may be trying to target the next FVG that overlaps with the high at 0.618 and the low at 0.70 between 71 - 79 here. We’ve often seen how this plays out.
PWL is at 85; a break below it will likely cause a drop of almost 7-8% within a week
