Fibbo H1 indicating a decline as 100% level is at 1825 but at 50% level sma200 and mid band BB44 all three combined at 1850 making it a very strong support. A high risk sell is at 1873-78 area however waiting is more adivisable. For buy side entry a medium risk buy is located at 1850.
Note
With this gap up of $3 it is very difficult to break 1778-83 zone and first minor support is at 1864. Lets C what happens.
Note
This time H1 crossing 1863 at 23.6 fiboo means activation of bear flag H1 is forming a bear flag if this H1 crosses and hold under 1863 Fibbo H1 23.6 then we might visit 1848-53 zone first.
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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.