As per my previous fib retracement analysis we are now at the 43,633 level (yellow line). We closed above briefly on the 1-Hour chart, then retraced slightly now looking to retest.
Once we have a clean move above this level, we may potentially head up to 47k quickly - we can see less trading volume between here, when compared to previous areas of resistance.
Ideally I'd like to see a bit more work at these levels first, followed by a high momentum push to the upside.
This move could be big - good luck!
Once we have a clean move above this level, we may potentially head up to 47k quickly - we can see less trading volume between here, when compared to previous areas of resistance.
Ideally I'd like to see a bit more work at these levels first, followed by a high momentum push to the upside.
This move could be big - good luck!
0x4a42
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0x4a42
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.