I have listed some confluences.
weekly = bearish
On the daily we have a bearish movement, lower lows, a potential 3rd lower low?
The drawn fib shows that 61.8 is aligned with my trendline.
below the 200 EMA
I put my sl above the resistance zone and my first profit at 0 fib second at -27
Please share your thoughts!
weekly = bearish
On the daily we have a bearish movement, lower lows, a potential 3rd lower low?
The drawn fib shows that 61.8 is aligned with my trendline.
below the 200 EMA
I put my sl above the resistance zone and my first profit at 0 fib second at -27
Please share your thoughts!
Trade closed: stop reached
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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.