SI is heavily oversold and due a bounce
Price is wicking off price levels showing signs rejection and reversal
FIB Channel is being respected and is also showing signs of a reversal
Targets follow fib channel, 50% level and top of channel (100% level) or within the bounds
_____________________________________________________________________________
Short Term: Long
Mid Term: Short
Long-Term: Neutral
Price is wicking off price levels showing signs rejection and reversal
FIB Channel is being respected and is also showing signs of a reversal
Targets follow fib channel, 50% level and top of channel (100% level) or within the bounds
_____________________________________________________________________________
Short Term: Long
Mid Term: Short
Long-Term: Neutral
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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.