Market reached an interesting harmonic on Fibonacci levels where several key important milestones lead market to hit a new lower low at 0.0 Fib. The market can always go to other harmonics but this idea is provide perspectives on risk management operations you might consider for a long position.
Note
Market made a new lower low jumping to another harmonic level since ATH see:Note
Back above support curve with the bigger 1.0 curve acting as perfect resistence.
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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.