Weekly:
1. Impulse
2. Brake of previous support
When I add fibonacci I see the price is not touch 38.2% yet for correction. Let's see what we have on lower timeframe.
https://www.tradingview.com/x/KvP1jbWS/
Daily:
1. Impulse
2. Correction
3. Engulfing candle from 38.2% Fibonacci level
Looks very, very bearish and maybe will not see deeper correction to the monthly resistance.
https://www.tradingview.com/x/DfphMf6O/
4H:
1. Impulse
2. Correction
3. 3rd touch of trendline
4. Many engulfing candles
Looks nice for short from this level right now.
https://www.tradingview.com/x/Lhu4OUFw/
1. Impulse
2. Brake of previous support
When I add fibonacci I see the price is not touch 38.2% yet for correction. Let's see what we have on lower timeframe.
https://www.tradingview.com/x/KvP1jbWS/
Daily:
1. Impulse
2. Correction
3. Engulfing candle from 38.2% Fibonacci level
Looks very, very bearish and maybe will not see deeper correction to the monthly resistance.
https://www.tradingview.com/x/DfphMf6O/
4H:
1. Impulse
2. Correction
3. 3rd touch of trendline
4. Many engulfing candles
Looks nice for short from this level right now.
https://www.tradingview.com/x/Lhu4OUFw/
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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.