Price has been in a bearish channel.
Notice around the monthly key area
it's put in a momentum reversal.
It could follow through with that bullish
momentum.
There's a daily key area lining up with
a 61.8% fib level. It's also plausible that
the 50ema could line up well creating
a confluence cocktail in the next few days
or week or so.
Notice around the monthly key area
it's put in a momentum reversal.
It could follow through with that bullish
momentum.
There's a daily key area lining up with
a 61.8% fib level. It's also plausible that
the 50ema could line up well creating
a confluence cocktail in the next few days
or week or so.
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.