Price has found support on 100 day MA 1hr time frame. Strong demand zone formed at support area.
Drawing fib this coincides with golden zone between 0.618 and 0.5 fib levels.
Good chance of reversal from here.
Drawing fib this coincides with golden zone between 0.618 and 0.5 fib levels.
Good chance of reversal from here.
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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.