In my previous chart, I thought this will visit 618 fib (around 0.03) and then turn south.
But having another look into it, 764 fib also is a plausible retrace target, for the following reasons:
1- it's not as overbought as I'd expect it to be. it's not even above 70. Also RSI looks like it's gonna make a new high.
2- the fact that the tip of rising wedge intersecting with the 764 fib is just too tempting.
3- overall sentiment has been bullish as far as I observe.
I think this'll visit 0.033 before going down.
But having another look into it, 764 fib also is a plausible retrace target, for the following reasons:
1- it's not as overbought as I'd expect it to be. it's not even above 70. Also RSI looks like it's gonna make a new high.
2- the fact that the tip of rising wedge intersecting with the 764 fib is just too tempting.
3- overall sentiment has been bullish as far as I observe.
I think this'll visit 0.033 before going down.
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.
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.