In Monthly time frame we can see break of the high and expecting price will retrace for the monthly support level before making higher high.
In weekly market structure running with a bullish force. Prominent resistant area was broken and expecting for the retracement.
In daily time frame bullish market structure and last price movement check with the fib level 0.618 level is at the mark support level.
Base on the price movement at the support we can go for long if the confluences are with our expectation.
In weekly market structure running with a bullish force. Prominent resistant area was broken and expecting for the retracement.
In daily time frame bullish market structure and last price movement check with the fib level 0.618 level is at the mark support level.
Base on the price movement at the support we can go for long if the confluences are with our expectation.
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.