Make or Break Zone
145.370 (just above 0.382 Fib)
145.760 (a minor resistance cluster)
Itโs a Critical Zone:
This zone sits right around:
0.5 Fibonacci level (145.467): Often a strong inflection point.
Previous structure resistance turned potential support.
๐ข If Price Holds:
Bullish continuation is likely.
Next targets: 146.220 (0.618) โ 147.292 (0.786) โ retest 148.658 highs.
๐ด If Price Breaks Down:
Expect further downside toward:
0.382 (144.714) and then
0.236 (143.783) or even 142.277 (Fib swing low).
145.370 (just above 0.382 Fib)
145.760 (a minor resistance cluster)
Itโs a Critical Zone:
This zone sits right around:
0.5 Fibonacci level (145.467): Often a strong inflection point.
Previous structure resistance turned potential support.
๐ข If Price Holds:
Bullish continuation is likely.
Next targets: 146.220 (0.618) โ 147.292 (0.786) โ retest 148.658 highs.
๐ด If Price Breaks Down:
Expect further downside toward:
0.382 (144.714) and then
0.236 (143.783) or even 142.277 (Fib swing low).
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.