Fibbo 61.8% rejected the price go down after breaking its uptrend support. short term analysis showing strong bearish signals.
looking close at 61.8% PA shows that price can go both ways
so waiting for confirmation for short is breaking 61.8% in the next 2-3 candles.
confirmation for long is breaking of 1.4100 resistance.
(this analysis is also a outlook for 1H chart analysis in the related ideas)
looking close at 61.8% PA shows that price can go both ways
so waiting for confirmation for short is breaking 61.8% in the next 2-3 candles.
confirmation for long is breaking of 1.4100 resistance.
(this analysis is also a outlook for 1H chart analysis in the related ideas)
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Join my discord link to stay on top of !ES and be profitable like me
discord.com/invite/cfah8Kzzht
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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.