Reasons:
- The support area matches 62% Fibonacci Retracement
- The support area matched 62% Fibonacci extension (a,b,c)
- RSI also might form a double bottom at the oversold area
- CCI Index is back to neutral area, the sell pressure weakened
- The support area matches 62% Fibonacci Retracement
- The support area matched 62% Fibonacci extension (a,b,c)
- RSI also might form a double bottom at the oversold area
- CCI Index is back to neutral area, the sell pressure weakened
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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.