Instead of a consolidation the price pulled back just below the 0.618 Fibonacci retracement level on 1D (67.00), completing the latest Higher Low on the long term 1W Channel Up (naturally now neutral on RSI = 54.187, ADX = 26.022, CCI = -22.0485, Highs/Lows = 0). We are buyers again, expecting 1D to break into neutral levels as it fills the 70.85 gap. 4H already shows string upside bias (Highs/Lows = 0.8586) and the TP is 71.88 first and 72.86 in extension. On a monthly horizon 76.00 - 77.00 is the next Higher High.
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.