Trade Setup:
Target 1: 1.328 (0.786 Fibonnaci Golden Zone).
Target 2: 1.170 (0.618 Fibonnaci Golden Zone).
Target 3: 1.059 (0.5 Fibonnaci Golden Zone).
Target 4: 0.587 (0 Fibonnaci).
DCA : 1.657 (1.135 Fibonacci)
Stop Loss: 1.786 (1.272 Fibonacci).
RSI Analysis: The RSI is showing a bearish divergence, suggesting potential bearish momentum. The current RSI is around 84.07, approaching oversold territory, so caution is advised.
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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.