1. $540 is a Historic Support level
2. $540 is the 61.8 Fib
3. Long term support has matched up with the $540 at that moment.
It also fits in with a three drives pattern....
And then... There is the Symmetricity..... To the reverse of the exact same as the bearish action of the last 6 months.
2. $540 is the 61.8 Fib
3. Long term support has matched up with the $540 at that moment.
It also fits in with a three drives pattern....
And then... There is the Symmetricity..... To the reverse of the exact same as the bearish action of the last 6 months.
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Related publications
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.