So far we have made our retrace to the first main support zone, noted to watch for long in last analysis (scalpers already in nice profits)
watch for a move upwards prior
upwards sloping support
now resistance or a swing down
to the 78.60% fib point,
our first buys have been
executed with a tight stop below wick, we may trail this stop depending on price movement.
watch for a move upwards prior
upwards sloping support
now resistance or a swing down
to the 78.60% fib point,
our first buys have been
executed with a tight stop below wick, we may trail this stop depending on price movement.
Note
looking to retest 55k otherwise we look to 46/42k for our next major support zone for a long.
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Related publications
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.