The blue Fibonacci retracement was measured where the upper blue price scale thing is positioned and placed at the lower. The extension of that fib suggests a potential third lower low.
I think it will then go to liquidity at the local supply zone before continuing down.
I think it will then go to liquidity at the local supply zone before continuing down.
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.