Something I noticed.
Every retrace since february has been a perfect retrace to the golden pocket (0.618-0.65 Fib area)
Currently we are facing another golden pocket area again around 7.5K. There is alot of confluence resistance in this area which could lead us back lower.
The 200EMA is above us that act as resistance
Prior resistance.
Trendline formed since February that has acted as resistance
And finally we are forming a rising wedge.
Cheers!
Every retrace since february has been a perfect retrace to the golden pocket (0.618-0.65 Fib area)
Currently we are facing another golden pocket area again around 7.5K. There is alot of confluence resistance in this area which could lead us back lower.
The 200EMA is above us that act as resistance
Prior resistance.
Trendline formed since February that has acted as resistance
And finally we are forming a rising wedge.
Cheers!
Not
And..............DUMP
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.