Hello,
This is my analysis for a short term trade, I used SR Lines And Fib Extensions/Retracements.
There's a steady bullish movement that shows an ascending triangle with good EMA20 support, Which implies that it's going to break out of the next resistance after retracing down to almost 7000.
(This is not a signal but rather my own analysis to the situation.)
- This is a repost to my previous idea but with clear fib retracement lines and a better explanation. -
This is my analysis for a short term trade, I used SR Lines And Fib Extensions/Retracements.
There's a steady bullish movement that shows an ascending triangle with good EMA20 support, Which implies that it's going to break out of the next resistance after retracing down to almost 7000.
(This is not a signal but rather my own analysis to the situation.)
- This is a repost to my previous idea but with clear fib retracement lines and a better explanation. -
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.
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.