weekly: price is currently rejecting round psych level at 2.21000 which also is a perfect resistance that has not been broken since 23'.
daily: 3rd touch of rising wedge. Currently rejecting and starting creating lower lows on lower TF's. Price action wise price did reject creating an engulfing candle.
4h: price confirmed downside creating a lower low closing below 2.20250.
1hr: price is currently rejecting from round psych level at 2.20000 which is also 50% from fibonacci retracement.
daily: 3rd touch of rising wedge. Currently rejecting and starting creating lower lows on lower TF's. Price action wise price did reject creating an engulfing candle.
4h: price confirmed downside creating a lower low closing below 2.20250.
1hr: price is currently rejecting from round psych level at 2.20000 which is also 50% from fibonacci retracement.
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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.