Looking for a breakout over white resistance line or an entry once near the close of the gap.
Target is 1.618 fib level (green line) which also happens to be an even number...$20
Why:
Consolidating
MACD looking ready to turn bullish
Price could also drop to close the gap (yellow line) which also could line up with the 20EMA if it consolidates for a couple more days.
Target is 1.618 fib level (green line) which also happens to be an even number...$20
Why:
Consolidating
MACD looking ready to turn bullish
Price could also drop to close the gap (yellow line) which also could line up with the 20EMA if it consolidates for a couple more days.
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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.