The price has been stalled around the 1.2030 resistance and showing signs of bullish fatigue. With this also lining up with the December downtrend and 61.8% fib retraction. Shows good signs of this being the end of phase 2 and a possible reversal
Trade active
Shot up over the first half of the day and back to the area of interest. Very bearish candle on the 1d.
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.