Hi Traders,
I have highlighted a potential reversal zone.
The price is approching a support that has been broken and COULD become resistance. Note that we've got the 0.382 Fib retracement sitting right at this area.
If the market reach this zone we will need to see a bearish confirmation.
Happy trading
I have highlighted a potential reversal zone.
The price is approching a support that has been broken and COULD become resistance. Note that we've got the 0.382 Fib retracement sitting right at this area.
If the market reach this zone we will need to see a bearish confirmation.
Happy trading
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.