DATAPRP - The price structure remains bullish, however today the price reacted at Fibonacci barrier at 3.81. If the price could close below Support 1 during the day, the chances to drop to Support 2 is high. However if the price violated Support 2, then technically the Bearish movement could begin.
Disclaimer: Our content is intended to be used and must be used for technical analysis education purposes only.
Disclaimer: Our content is intended to be used and must be used for technical analysis education purposes only.
Note
Support 1 violated
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.
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.