ok look at the chart all red arrow mark the moment price crosses 200 mma and is no good :( that why i put a red question mark because we probably cross it soon...
But we have 4 support so we have a chance that not happen :=)
1: horizontal
2: ascending channel bottom
3: fib 0.236
4: 200 mma
so if we break this big support , we probably go to :
first 8700 but it not a strong support
then 8400 : fib 0.382
and maybe 8000 : fib 0.5
like if you apreciate ,thanks :)=
But we have 4 support so we have a chance that not happen :=)
1: horizontal
2: ascending channel bottom
3: fib 0.236
4: 200 mma
so if we break this big support , we probably go to :
first 8700 but it not a strong support
then 8400 : fib 0.382
and maybe 8000 : fib 0.5
like if you apreciate ,thanks :)=
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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.