Confluences:
Been in a downtrend since 0ctober 21st
Multi-month level (resistance level)
Bounced off the 50% fib level
Bounced off the 50 EMA on the daily timeframe
Been in a downtrend since 0ctober 21st
Multi-month level (resistance level)
Bounced off the 50% fib level
Bounced off the 50 EMA on the daily timeframe
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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.