1. The volume divergence has been formed, so that the price pressure will be more likely to go down
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2. Reversing the Fibonacci level of 0.618, the price has reversed and has retested the first wave of the elliot wave
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3. The consolidation phase, this stage has ended and will change the direction of the next stage.
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4. Stop Zone, determine the stop level at the level of -0.236 which is at the price of 0.71
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5. Target Zone, the price will move far towards fibonnachi level 1.618 which is the level of 0.61
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Recommendation: Signal Strength >>> $$$$$
##############################
----- This writing is purely for education and does not imply buying or selling ----
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2. Reversing the Fibonacci level of 0.618, the price has reversed and has retested the first wave of the elliot wave
-------------------------------------------------- -------------------------------------------------- ----
3. The consolidation phase, this stage has ended and will change the direction of the next stage.
-------------------------------------------------- -------------------------------------------------- ----
4. Stop Zone, determine the stop level at the level of -0.236 which is at the price of 0.71
-------------------------------------------------- -------------------------------------------------- ----
5. Target Zone, the price will move far towards fibonnachi level 1.618 which is the level of 0.61
-------------------------------------------------- -------------------------------------------------- ----
##############################
Recommendation: Signal Strength >>> $$$$$
##############################
----- This writing is purely for education and does not imply buying or selling ----
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.