This chart shows a breakout setup, with the following levels as targets:
Breakout level: 5,935 (23.6% Fibonacci)
After the breakout from 5,935, the targets are:
First target: 6,038 (38.2% Fibonacci)
Second target: 6,123 (50% Fibonacci)
Final target: 6,209 (61.8% Fibonacci)
The invalidation level is at 5,771, where the breakout setup would be considered failed, indicating a potential revisit of the recent lows.
Breakout level: 5,935 (23.6% Fibonacci)
After the breakout from 5,935, the targets are:
First target: 6,038 (38.2% Fibonacci)
Second target: 6,123 (50% Fibonacci)
Final target: 6,209 (61.8% Fibonacci)
The invalidation level is at 5,771, where the breakout setup would be considered failed, indicating a potential revisit of the recent lows.
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.
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.