🎱C98 - another(last?) chance for bulls
Recently the price reached last zone of support (blue), 1.618 fib extension, and node of high volume. After 200 days of downtrend, this could be a potential reversal zone. It won't be easy though, there's a lot of resistance ahead.
🟢 If price action turns bullish I expect the ~1.60 area to be a local top, then another break above this level would confirm a reversal
🔴 If price action remains bearish meaning ~1.00 zone is lost I expect more bleed below 1.00
We'll see what happens- I'm ready to long as much as I'm ready to short.
Good luck!
🟢 If price action turns bullish I expect the ~1.60 area to be a local top, then another break above this level would confirm a reversal
🔴 If price action remains bearish meaning ~1.00 zone is lost I expect more bleed below 1.00
We'll see what happens- I'm ready to long as much as I'm ready to short.
Good luck!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.