Arpa successfully started its ascending trend by entering 1/1 Gann fan channel in 1 March,tested its resistance for more than one month. By forming a triangle close to the resistanceand breaking it , Arpa can enter 1/2 Gann Fan channel (both descending and ascending) where price moves with high momentum ,mixing it with Fibo retracement can shows us its targets.First target 230,
2th=280
3th=330
4th=390
we can expect a new high ,above the 400, after Jun.
2th=280
3th=330
4th=390
we can expect a new high ,above the 400, after Jun.
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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.