MBT looks weak this time

MBT continue to show bearish signals. Today it fell by 2.51% moving away from the Kijun Sen. Another development to watch is the Tenkan Sen / Kijun Sen Cross which may happen if price will continue to fall. Price is currently support by the Kumo but Chikou Span is switching the red light on.

In case Kumo will not be able to hold then support from 78.6% Fibonacci Retracement level might be tested.


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