Price is bullish on the daily time frame.
After 4 consecutive bullish days, price printed a bearish inside candle on Friday.
This could potentially be the start of a correction back towards the moving averages and possibly towards the first Fibonacci retracement levels (38.2% and 50%).
If you agree with this analysis, look for a trade that meets your strategy rules.
After 4 consecutive bullish days, price printed a bearish inside candle on Friday.
This could potentially be the start of a correction back towards the moving averages and possibly towards the first Fibonacci retracement levels (38.2% and 50%).
If you agree with this analysis, look for a trade that meets your strategy rules.
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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.
Low-Cost Trading, for everyone, everywhere.
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.