Analyzing the 1h chart, we see that it is approaching the 61.80% FIB level, which coincides with a resistance zone.
In addition, the chart had broken the trendline, so it is now retesting the area.
Entry at: 133674
SL above 78.6% of FIB
In addition, the chart had broken the trendline, so it is now retesting the area.
Entry at: 133674
SL above 78.6% of FIB
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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.