In January this year we entered a bullish trend. Recently it broke a resistence level that's been in place for half a year. It has been above that level for few days.
It couldretrace back to 0.382 Fibonacci level and keep the bullish trend above the resistance.
Following the fact that it keeps setting new highs, 0.382 Fib level is a good entry point for long.
Good luck!
It couldretrace back to 0.382 Fibonacci level and keep the bullish trend above the resistance.
Following the fact that it keeps setting new highs, 0.382 Fib level is a good entry point for long.
Good luck!
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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.
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.