FCPO ANALYSIS 23.02.2024
1) The structure forms a new lower low, indicating downward pressure in the current trend.
2) There's a breakout from the support trendline which is likely to turn into resistance.
3) Price movement is expected to rise towards the Fibonacci retracement area between 50-61.8% before further decline.
4) The boxed area is marked as a confluence zone encompassing the upper trendline, the trendline-turned-resistance, and the Fibonacci retracement area of 50-61.8%.
5) The significance of the Fibonacci 50% level in price reactions, particularly in commodity contexts.
2) There's a breakout from the support trendline which is likely to turn into resistance.
3) Price movement is expected to rise towards the Fibonacci retracement area between 50-61.8% before further decline.
4) The boxed area is marked as a confluence zone encompassing the upper trendline, the trendline-turned-resistance, and the Fibonacci retracement area of 50-61.8%.
5) The significance of the Fibonacci 50% level in price reactions, particularly in commodity contexts.
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.