50% Fibonacci reached, Possible Up Side Impulse ahead
Divergence found in 15m chart in MACD
Multi Time Frame Stochastic shows 30m, 1h and 4h Over Sell.
50% of Fibonacci Retrace reached.
Price close to Support Area.
For safer entry, wait for both MACD Lines to cross above 0 and wait until price crosses up 38.2% Fib Level.
Target1 is 61.8% of Fib Extension (1.1030)
Target2 is 100% of Fib Extension (1.1120)
Multi Time Frame Stochastic shows 30m, 1h and 4h Over Sell.
50% of Fibonacci Retrace reached.
Price close to Support Area.
For safer entry, wait for both MACD Lines to cross above 0 and wait until price crosses up 38.2% Fib Level.
Target1 is 61.8% of Fib Extension (1.1030)
Target2 is 100% of Fib Extension (1.1120)
Trade closed: target reached
TP2 reached.
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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.