- Price just hit a very important resistant level 0.618 (fibonacci expansion).
- Price needs to break out 1. the purple channel 2. the white trendline to confirm the end of this correction.
- Expect a big move to the upside if the above has been confirmed.
- Price needs to break out 1. the purple channel 2. the white trendline to confirm the end of this correction.
- Expect a big move to the upside if the above has been confirmed.
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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.