First = Exceeding 0.534418 turns into buying, targeting:
= 0.582265, which is 0.5 Fibonacci retracement
= 0.619422, which is 0.61 Fibonacci retracement.
= 0.672626, which is 0.78 Fibonacci retracement.
- Second: the reversal down from 0.534418 remains in a sell-off state, to the previous targets
= 0.582265, which is 0.5 Fibonacci retracement
= 0.619422, which is 0.61 Fibonacci retracement.
= 0.672626, which is 0.78 Fibonacci retracement.
- Second: the reversal down from 0.534418 remains in a sell-off state, to the previous targets
Note
It achieved the first buy target, and is still going up.Note
It is building an existing inverted head and shoulders pattern, when the new chart update is completed, and we will have a new buy target in addition to the previous one.
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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.