=The consolidation thats forming around 1.09074 aligns well with the 0.618 retracement on daily. What we are currently seeing is a Doji on daily (a perfect signal for a pivot of trend)
- I would like to see a move toward the downside towards 0.618 on the weekly time-frame.
- Being that we are in the beginning stage of this pivot I will consider staying in up until further confirmation goes against my speculation.
- I would like to see a move toward the downside towards 0.618 on the weekly time-frame.
- Being that we are in the beginning stage of this pivot I will consider staying in up until further confirmation goes against my speculation.
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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.