The price has formed an ascending channel and it has bounced in the resistance zone but we are expecting the price to return to the Fibonacci level of .618 and head upwards.
The trendline is a consolidated one so we are expecting the price to continue searching for new highs
What are your thoughts on this setup?
The trendline is a consolidated one so we are expecting the price to continue searching for new highs
What are your thoughts on this setup?
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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.