AFTER PERFECT DOWNTREND WE CAN SEE THE FORMATION OF LITTLE DOJOS .THIS USUALY IS A HUGE REVERSAL SIGNAL. CONFLUENCES 1 DOJOS ACT AS RES LEVEL. ANOTHER RES LEVEL WHICH IS ON THE 50 PERCENT OF FIBO RETRACEMENT
AS A CONF SIGNAL WE ARE WAITING THE BULLS TO BREAK THE TRENDLINE AND RETEST THE LEVEL AS SUPP.
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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.