It is Bearish on all Time Frames.
But Currently it is at 38.20 % fib level; we need
to wait for a Bullish Signal (at least on hourly basis)
for fresh entry here.
If this Support is broken, we may witness 63 &
then 55 - 56 as it would also be a Double Bottom
area.
But Currently it is at 38.20 % fib level; we need
to wait for a Bullish Signal (at least on hourly basis)
for fresh entry here.
If this Support is broken, we may witness 63 &
then 55 - 56 as it would also be a Double Bottom
area.
Note
Reversed exactly from 38.20% fib.
MM - House of Technicals
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.
MM - House of Technicals
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.