We spotted potential falling wedge formation on SLP and price just tested out the upper trendline and got rejected.
Our focus is on 38.2% fib ret level from the previous ATH to the current ATL.
If price manage to surpass this level then our target is 61.8% level which is tagged as CRUCIAL resistance zone.
But if price give more buyer opportunity, then we can have a sharp decline from 38.2% level to where we have AOI level for re-loading of Longs positions.
Our focus is on 38.2% fib ret level from the previous ATH to the current ATL.
If price manage to surpass this level then our target is 61.8% level which is tagged as CRUCIAL resistance zone.
But if price give more buyer opportunity, then we can have a sharp decline from 38.2% level to where we have AOI level for re-loading of Longs positions.
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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.
📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
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.