TOTAL2 on the daily found support at the 0.382 Fib level on June 22. Since then, it has been moving upward.
Now it’s fighting the 50MA and 200MA resistance zone.
If this resistance is cleared, the 0.236 Fib level could be the next target.
Always take profits and manage risk.
Interaction is welcome.
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Related publications
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.