approaching the line (0.382) of the Fibonacci,
two scenarios are possible :
1) bounce on the fibo and go straight forward to a strong resistance the red line
2) cross the fibo and go to the black resistance and might be to the next level of fibo 0.5
two scenarios are possible :
1) bounce on the fibo and go straight forward to a strong resistance the red line
2) cross the fibo and go to the black resistance and might be to the next level of fibo 0.5
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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.