Hello, here I see a possible 1-2 setup.
Price is reacting at the 0.61 fib retracement.
We have also:
- Strong horizontal support
- Rising trendline support
- Testing previous channel
- Bullish candle formation
Im placing a buy order here:
Entry: 65.08
Stop loss : 56
Take profit: 95.41
Best regards.
Price is reacting at the 0.61 fib retracement.
We have also:
- Strong horizontal support
- Rising trendline support
- Testing previous channel
- Bullish candle formation
Im placing a buy order here:
Entry: 65.08
Stop loss : 56
Take profit: 95.41
Best regards.
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Disclaimer
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.