There are 2 scenarios.
If it breaks down from the lower channel, it would test the 618 FIB level and hopefully have a rebound.
If not, it may rebound from the lower channel and heads up.
Notice it is still in a bullish trend in the 4H chart.
Do not short unless you are clear what you are doing and have a strategy for it.
Best of luck to all
If it breaks down from the lower channel, it would test the 618 FIB level and hopefully have a rebound.
If not, it may rebound from the lower channel and heads up.
Notice it is still in a bullish trend in the 4H chart.
Do not short unless you are clear what you are doing and have a strategy for it.
Best of luck to all
Catatan
the price has hit the 618 FIB level, watch out for possible rebound. Not likely based on current price action, wait and see, no hurry to buy
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.