After the price completed its second retest of the upper band of the bullish channel.
And it also confluence with the multiple level of market structure (truing previous support are to resistance.
A moderate sell opportunity can be look for at this level, which happens to falls slightly above the Fibonacci golden ratio of 61.8%.
Stay close and anticipate.
Apply risk management
And it also confluence with the multiple level of market structure (truing previous support are to resistance.
A moderate sell opportunity can be look for at this level, which happens to falls slightly above the Fibonacci golden ratio of 61.8%.
Stay close and anticipate.
Apply risk management
Note
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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.
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.