The price has reached 200% of the Fibonacci level from the high and was rejected at the first level of the supply zone at .27
If we can get a valid swing point retest or continue to hold .16, we can start scaling into long positions with an initial target of .27 to .30
Stop below .15
Potential Targets:
tp1 - .27-.30
tp2 - .36-.40
tp3 - .47-.50
If we can get a valid swing point retest or continue to hold .16, we can start scaling into long positions with an initial target of .27 to .30
Stop below .15
Potential Targets:
tp1 - .27-.30
tp2 - .36-.40
tp3 - .47-.50
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Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
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.