1. Price broke through 0.382 Fib line of the pitchfork which was acting as tough resistance. 2. The same line (labeled Multi Pivot Line) is acting as support. 3. Price has 80% probability of reaching the next median line in the Pitchfork; however, it's facing resistance marked by the yellow line.
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.