We had a breakout of the descending wedge and looks like we are backtesting our previous resistance as support. Long where u feel comfortable with a stoploss below the market structure.
Target 1 is at 100$ which is the local top of the market structure.
Target 2 is 1.382 Fib extension
Target 3 is 1.618 Fib extension
Target 1 is at 100$ which is the local top of the market structure.
Target 2 is 1.382 Fib extension
Target 3 is 1.618 Fib extension
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.
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.