A is the first of the year 2023, which marked a upward trend until B, 15 February
C = 70% A-B FIB retracement
E = 61.8% C-D FIB
If price breaks resistance and in the 4H timeframe the MA 4 crosses the MA 50, I propose the following buy order.
C = 70% A-B FIB retracement
E = 61.8% C-D FIB
If price breaks resistance and in the 4H timeframe the MA 4 crosses the MA 50, I propose the following buy order.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.