As described on my chart, the price had bounced on the trendline multiple times, creating lower highs which could indicate that buyers are driving the price higher.
And at thee moment the price has reached the 0.76 ratio on the FIB. I plan to buy as long as we sustain 1980.
And at thee moment the price has reached the 0.76 ratio on the FIB. I plan to buy as long as we sustain 1980.
Trade active
Now holding...Trade closed: stop reached
A much deeper correction has closed my trade with a loss. However I'm still bullish long term but for now let's sit and wait.
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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.