Long
bullish fibbonachi reached
we were hitting the most healthy area of the Fibonacci retracement levels.
this is very bullish, overall according to price action we can have a continuation.
there is a bullish structure on the 2 hours (flag)
and a bullish structure on the 15 minutes (head and shoulders bottom)
if we break out some serious gains can be observed.
if we break down look to our fib retracement (turquoise) levels for a buyback..
make sure to have a confirmation of support/demand
and dont forget to place sensible stop losses.
this is very bullish, overall according to price action we can have a continuation.
there is a bullish structure on the 2 hours (flag)
and a bullish structure on the 15 minutes (head and shoulders bottom)
if we break out some serious gains can be observed.
if we break down look to our fib retracement (turquoise) levels for a buyback..
make sure to have a confirmation of support/demand
and dont forget to place sensible stop losses.
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.