At 4 hours timeframe, there is an upward Fibo channel with 28 degrees of inclination. Now the price is testing the lower boundary of the channel, if it can withstand and the channel does not break, the price will recover and continue the upward movement within the channel.
Note
The price broke the main trend support, the idea where the bulls are strong brokeTrade closed: stop reached
⚠️ Подписывайтесь на Telegram и YouTube каналы, там больше информации
👉 Telegram: t.me/joinchat/WG8bj-a2A5SQ9tiN
👉 YouTube: youtube.com/channel/UC81sNR7R-8aVt4Hglho5khA/videos?view_as=subscriber
👉 Telegram: t.me/joinchat/WG8bj-a2A5SQ9tiN
👉 YouTube: youtube.com/channel/UC81sNR7R-8aVt4Hglho5khA/videos?view_as=subscriber
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.
⚠️ Подписывайтесь на Telegram и YouTube каналы, там больше информации
👉 Telegram: t.me/joinchat/WG8bj-a2A5SQ9tiN
👉 YouTube: youtube.com/channel/UC81sNR7R-8aVt4Hglho5khA/videos?view_as=subscriber
👉 Telegram: t.me/joinchat/WG8bj-a2A5SQ9tiN
👉 YouTube: youtube.com/channel/UC81sNR7R-8aVt4Hglho5khA/videos?view_as=subscriber
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.