EMA 24 (Monthly) Acting as a dynamic recent price support
EMA 50 (Monthly) Acting as a dynamic support
Confluences: May 21 low and -0.27 fibbonacci
Rejecting 0.618 fibb line
Structure flag - A breakdown below the lower boundary of the channel could trigger this idea.
EMA 50 (Monthly) Acting as a dynamic support
Confluences: May 21 low and -0.27 fibbonacci
Rejecting 0.618 fibb line
Structure flag - A breakdown below the lower boundary of the channel could trigger this idea.
Note
last were closed with uncertainty (were closed as doji candle patterns). The 401.16 key level was rejected until now.
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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.