Based on the H1 chart analysis, Price is at our sell entry 1988. which is an overlap resistance which lines up with 50% Fibonacci retracement. a reverse from here price could drop towards our take profit at 1969.5 which is swing low support level. If price breaks above, it could push up and hit our stop loss at 200.4 which is just slightly above the swing high resistance
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.