Waiting for the price to react to the support line. On the basis of the Fibonacci extensions, a long position can be opened for the first target.(purple line)
The purple line is Fibonacci extension Target.🟣 Red lines are support and resistance level.(daily)🔴 The blue line is Fibonacci Retracement 0.618 Levels.🔵 The green line is Fibonacci Retracement 0.786 Levels.🟢
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.