Hello everyone
The price has risen forming a bullish channel, now the price has decreased forming a bearish channel within the main channel.
The price has reached 50% fibo between the 0.5 and 0.618 fibonacci level. Tracing a fibonacci from the break of the bearish channel we could have an entry at the 0.618 fibonacci level (orange) (31.99) to go long to the -0.272 (39.93) level.
You can leave your opinion below, thanks
Trader Dark Eyes
Information about the chart:
White line: TF 1D
Yellow Line: TF 12H
Gray Line: TF 4H
Blue arrow: Possible projection
Horizontal white line: Supports and resistance
Red line: Channels and patterns
The price has risen forming a bullish channel, now the price has decreased forming a bearish channel within the main channel.
The price has reached 50% fibo between the 0.5 and 0.618 fibonacci level. Tracing a fibonacci from the break of the bearish channel we could have an entry at the 0.618 fibonacci level (orange) (31.99) to go long to the -0.272 (39.93) level.
You can leave your opinion below, thanks
Trader Dark Eyes
Information about the chart:
White line: TF 1D
Yellow Line: TF 12H
Gray Line: TF 4H
Blue arrow: Possible projection
Horizontal white line: Supports and resistance
Red line: Channels and patterns
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.