$ 57 is valid for entry
We have an internal pivot and good support in the $ 62- $ 57 range.
In the event of a breakout of $ 62 support, which is justified by the 1 Fibonacci support and the 0.382 Fibonacci support, the best place to enter is $ 57, which is our PRZ support. This 0.5 Fibonacci support is the 0.786 Fibonacci retracement of the previous wave and the last internal pivot support in the weekly timeframe.
In the event of a breakout of $ 62 support, which is justified by the 1 Fibonacci support and the 0.382 Fibonacci support, the best place to enter is $ 57, which is our PRZ support. This 0.5 Fibonacci support is the 0.786 Fibonacci retracement of the previous wave and the last internal pivot support in the weekly timeframe.
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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.