SCOPE REBOUNDS FROM IMPULSE PULLBACK
From a low of 0.195 on 28 June 2021 to a high of 0.470 on 11-12 Nov 2021, SCOPE retraced, consolidated and rebounds from EMA200 and Fibo618. Probable EP would be 0.305 to retest Fibo618 and the anticipated TP would be at 0.360 daily pivot point. The probable CL would be 0.285 (ie below recent swing low) or at 0.265 ie below S1.
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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.