Well, the baseline of our triangle was broken, and with some strength (i.e. significance).
Textbooks say we now should reach the inferior line of the channel.
Meanwhile, the 0.6818 level (the 23.6 Fibo level mentionned in the previous post) is now acting as a resistance.
Textbooks say we now should reach the inferior line of the channel.
Meanwhile, the 0.6818 level (the 23.6 Fibo level mentionned in the previous post) is now acting as a resistance.
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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.