Price has bounced bullish off a weekly bullish channel with a morning star. Looking for price to break previous daily highs around 19,996.6 for the continuation to the upside.
BUT, price is hovering very strongly around a Yearly -27 FIB level from 1/1/18-1/1/21.
SO, price could very well be making a daily head and shoulders to continue bearish down to previous daily highs of 18.897.4.
SO we shall have to wait patiently and see what price wants to do!!
**This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
BUT, price is hovering very strongly around a Yearly -27 FIB level from 1/1/18-1/1/21.
SO, price could very well be making a daily head and shoulders to continue bearish down to previous daily highs of 18.897.4.
SO we shall have to wait patiently and see what price wants to do!!
**This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
Trade closed: stop reached
SL hit on this idea
Catch profits with me!
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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.
Catch profits with me!
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.