Looking for a breakout over white $42 resistance line.
Why:
Target would be under $44.79 (1.618 fib level).
Stop loss below .50 fib level.
Why:
- All EMAs sloping upwards.
- MACD looking ready to turn bullish
- Supply zone (green box) got bought up
Target would be under $44.79 (1.618 fib level).
Stop loss below .50 fib level.
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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.