Well, we've got a clean setup with a range box, indicating a weakening bearish trend. There's an Elliott correction that seems to have completed and now the overall bullish trend is likely to resume.
We're seeing a strong uptrend on the weekly timeframe. The bullish BOS (Break of Structure) has been touched several times and looks exhausted now.
We've got a key Fibonacci level, which is the most important area right now. There are multiple order blocks around as well.
In short, I gave you a simple breakdown — go ahead, analyze it yourself and look for entries.
Wishing you all success and green trades!
We're seeing a strong uptrend on the weekly timeframe. The bullish BOS (Break of Structure) has been touched several times and looks exhausted now.
We've got a key Fibonacci level, which is the most important area right now. There are multiple order blocks around as well.
In short, I gave you a simple breakdown — go ahead, analyze it yourself and look for entries.
Wishing you all success and green trades!
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.