ONG made a move after a long downward channel. Price managed to break out of the channel and is making currently a retest.
This area aligns with the 0.786 fib level. if we can hold this level i believe price will breakout big!
But currently i look at the smaller timeframes and there we can see a sideways channel. We can enter on the bottom of the channel or after a breakout to the next resistance area.
This not financial advise ;)
This area aligns with the 0.786 fib level. if we can hold this level i believe price will breakout big!
But currently i look at the smaller timeframes and there we can see a sideways channel. We can enter on the bottom of the channel or after a breakout to the next resistance area.
This not financial advise ;)
Note
forever sideways :')
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youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
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youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
twitter.com/TheChartingArt
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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.