Hi Traders!
The market is moving after its fall-off in a Range.
It even made higher Highs and rejected the Break of the Support three times.
Beside the Resistance, we also have a Trendline which is coming from above.
The upper Resistance is also a Mirror Level, because it was a Support, too, before.
The target is the "Golden Zone" of the Fibonacci Retracement Tool, which is normally defined by the area between 50.0% and 61.8%.
The TP would be at the R2 from today's Pivot Points.
We recommend to trade the Retest of the Breakout!
Thanks and successful Trading :-)!
The market is moving after its fall-off in a Range.
It even made higher Highs and rejected the Break of the Support three times.
Beside the Resistance, we also have a Trendline which is coming from above.
The upper Resistance is also a Mirror Level, because it was a Support, too, before.
The target is the "Golden Zone" of the Fibonacci Retracement Tool, which is normally defined by the area between 50.0% and 61.8%.
The TP would be at the R2 from today's Pivot Points.
We recommend to trade the Retest of the Breakout!
Thanks and successful Trading :-)!
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.