My previous bear pattern has been broken and its developing bull pattern, IMO.
My Conclusion:
1. Volume doesn't seem support bearish bias ((at least now))
2. Orange zone should not be broken to keep the bull pattern valid
Entry = Fib 0.236
TP = Fib 0.618
SL = 30K
If it works 0.618 will be resistance that determine next price movement.
Let see what we get in this choppy market, thank you!
My Conclusion:
1. Volume doesn't seem support bearish bias ((at least now))
2. Orange zone should not be broken to keep the bull pattern valid
Entry = Fib 0.236
TP = Fib 0.618
SL = 30K
If it works 0.618 will be resistance that determine next price movement.
Let see what we get in this choppy market, thank you!
Trade closed manually
Too weak..
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.
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.