✅Focus on key points during the Asian and European trading sessions (February 18) 🔰Upper resistance level: -First 2910-2912 -Second 2923-2925 -Third 2930-2940
🔰Lower support level: -First 2896-2892 -Second 2880-2875 -Third 2865-2850
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📊Today's Asian session broke through the previous day's high and touched 2916 (corresponding to the 61.8% Fibonacci retracement level of last Friday's correction band), showing short-term long continuity. The K-line entity closed above the 5EMA for two consecutive days, but the MACD bar chart showed signs of top divergence.
📊The upper 2916-2920 is the key resistance level, which is also the upper track of the daily descending channel. After breaking through, it will challenge the historical double top structure of 2940-2942. The focus below is on the support level of 2880-2875. If it breaks down effectively, the target can be seen at 2865-2850. During the US session, focus on the 2895-2920 area, and pay attention to the breakthrough of the support and resistance levels.
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✅𝐃𝐚𝐢𝐥𝐲 𝟐-𝟒 𝐓𝐫𝐚𝐝𝐢𝐧𝐠 𝐒𝐢𝐠𝐧𝐚𝐥𝐬🔥
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✅𝐖𝐞𝐞𝐤𝐥𝐲 𝐲𝐢𝐞𝐥𝐝 𝟔𝟎%-𝟖𝟓%🔥
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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.