50% Retracement, 3rd touch on short term downtrend;
however, price is currently above 4h 20EMA and also heavily oversold.
Best option - wait for more confirmation, however a tight stop above 68% would be adequate for an entry now.
however, price is currently above 4h 20EMA and also heavily oversold.
Best option - wait for more confirmation, however a tight stop above 68% would be adequate for an entry now.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
