Price has perfectly retraced to a key zone of liquidity on the 4H timeframe
This PA also perfectly confluences with the 78.6 fib, a dip below the trendline, and the 8K weekly retracement call I made about 3 weeks ago.
Expecting to see price close above the 50 EMA on the daily at about 7230.
Hope this helps.
This PA also perfectly confluences with the 78.6 fib, a dip below the trendline, and the 8K weekly retracement call I made about 3 weeks ago.
Expecting to see price close above the 50 EMA on the daily at about 7230.
Hope this helps.
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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.