D: Downtrend, Retraced 38.2%, hit -27 and reversed for the buy
4H: Uptrend, retraced 50% on 4H fib + Bearish divergence. Price has been consoldating near the monthly key level.
1H: Downtrend. Retraced 78.6% so far. RSI is bearish
CURRENTLY:
Because of the consolidation over the last few days, I'm looking to see what price will do once it comes back to the 1HR trendline, or previous support/resistance.
Ultimately, I am looking for price to go short to major support/resistance zone @ -61.8 on 1HR fib
OR
Price could retest 4H trendline and continue long to -27 on 4HR fib.
4H: Uptrend, retraced 50% on 4H fib + Bearish divergence. Price has been consoldating near the monthly key level.
1H: Downtrend. Retraced 78.6% so far. RSI is bearish
CURRENTLY:
Because of the consolidation over the last few days, I'm looking to see what price will do once it comes back to the 1HR trendline, or previous support/resistance.
Ultimately, I am looking for price to go short to major support/resistance zone @ -61.8 on 1HR fib
OR
Price could retest 4H trendline and continue long to -27 on 4HR fib.
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.