ARRR did a dip bellow support range but nothing tragic yet. We saw same move in March 2020 which ended up in reversal.
We are oversold, have bullish divergence and pattern similar to OM before it pumped.
Expecting bounce up and strong push to test fibb 0.786/0.886 range and from there we likely get a correction. To open bull scenario (new ATH, like OM did) that correction needs to be shallow and stay above fibb 0.382 S/R range.
We are oversold, have bullish divergence and pattern similar to OM before it pumped.
Expecting bounce up and strong push to test fibb 0.786/0.886 range and from there we likely get a correction. To open bull scenario (new ATH, like OM did) that correction needs to be shallow and stay above fibb 0.382 S/R range.
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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.