- 200 MA is below price displaying an uptrend
- Trendline with 2 touches confirming the uptrend
- Fibonacci retracement tool used from most recent swing low to most recent swing high
- Market structure zone (Purple box) of previous resistance drawn in lining up with the 61.8% Fib Level (Our key level in the golden zone)
- Psychological level located within this purple box also very close to the 61.8% Fib Level adding to confluence that this will hold as a strong level of support once price dips here
- Waiting for price to fall down to this level and look for candlestick formations which are bullish signals and also for a more confirmed ..(but late).. entry wait for the 6EMA to crossover the 22EMA.
- Lets see if this plays out..
- Trendline with 2 touches confirming the uptrend
- Fibonacci retracement tool used from most recent swing low to most recent swing high
- Market structure zone (Purple box) of previous resistance drawn in lining up with the 61.8% Fib Level (Our key level in the golden zone)
- Psychological level located within this purple box also very close to the 61.8% Fib Level adding to confluence that this will hold as a strong level of support once price dips here
- Waiting for price to fall down to this level and look for candlestick formations which are bullish signals and also for a more confirmed ..(but late).. entry wait for the 6EMA to crossover the 22EMA.
- Lets see if this plays out..
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.