The previous increase from $ 6500 is an impulse, moreover, it corresponds to the structure of the local trend change: increased volumes, absorption of bearish candles by bulls.
The goal of potential growth in the near future I can designate a range between ~$7800-900, and then a rollback is likely.
The goal of potential growth in the near future I can designate a range between ~$7800-900, and then a rollback is likely.
Note
As you can see 0.618 provided for us good support level.Trade closed: target reached
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Related publications
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.