Long
BurgerKing in Golder FIb Zone
Burger king is in Golden FIb zone. Retarcement till 0.786 and taking support there is positive. Plus, it took price action support around 130-125 zone. It also broke the downwards trendline.
Accumulating at this level for a possible taarget of 200 and 225 will have very good R:R.
#educational idea
Accumulating at this level for a possible taarget of 200 and 225 will have very good R:R.
#educational idea
Note
Better readability posintg the screenshot here as well
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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.