The corrective decline on weekly frame looks to be reaching its target.
The cross is near the 62% Fibo retracement against the clear impulse, and at the same time reaches the lower boundary of the corrective price channel.
Thrilled to see it bouncing and reversing in a couple of weeks.
Trade safe
The cross is near the 62% Fibo retracement against the clear impulse, and at the same time reaches the lower boundary of the corrective price channel.
Thrilled to see it bouncing and reversing in a couple of weeks.
Trade safe
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.