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TKO is forming a double bottom, if we break above the 3.85 major resistance level, which is in confluence with the 38.2% of the Fibonacci Retracement, then we could see a continuation to 5, 6 then 8.
We need to see a daily candle close above 3 (important psychological and resistance level), then a daily candle close above 3.85 and 4.
What do you think?
Good luck traders,
NajjarTrading
TKO is forming a double bottom, if we break above the 3.85 major resistance level, which is in confluence with the 38.2% of the Fibonacci Retracement, then we could see a continuation to 5, 6 then 8.
We need to see a daily candle close above 3 (important psychological and resistance level), then a daily candle close above 3.85 and 4.
What do you think?
Good luck traders,
NajjarTrading
Trade closed: target reached
5 Hit
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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.
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.