Price has pulled back from All-Time Highs to test the 38.2% Fibonacci level, almost to the pip.
With price closing right at resistance, a breakout is imminent.
If price breaks out higher, I will be looking to get long on a successful retest of the breakout area.
With price closing right at resistance, a breakout is imminent.
If price breaks out higher, I will be looking to get long on a successful retest of the breakout area.
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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.