-The bearish trend is getting weaker based on daily timeframe
- Most likely, it will go down further to get liquidity @ price of 86.550
Here are the confluences;
a. Liquidity Area
b. Daily FIB 78.6%
c. Forming a Wedge (reversal)
d. Major psychological level 86.500 (If rejected)
- Most likely, it will go down further to get liquidity @ price of 86.550
Here are the confluences;
a. Liquidity Area
b. Daily FIB 78.6%
c. Forming a Wedge (reversal)
d. Major psychological level 86.500 (If rejected)
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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.