Reason 1: Fibonacci retracement level 0.618
Reason 2: It is still uptrend with higher time period, Please confirm with daily time frame.
Reason 3: US index is week enough
Reason 2: It is still uptrend with higher time period, Please confirm with daily time frame.
Reason 3: US index is week enough
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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.