Price bounced off the trendline, and has retraced 50% before moving back up.
Price action: the most recent doji on the trendline indicating an up move
Technical Analysis: Price formed a higher low, indicating bulls are in control
Fibonacci retracement: 50%
For your weekly analysis and trade ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: Jaylen.Forex
Website: forexshinobi.com
Price action: the most recent doji on the trendline indicating an up move
Technical Analysis: Price formed a higher low, indicating bulls are in control
Fibonacci retracement: 50%
For your weekly analysis and trade ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: Jaylen.Forex
Website: forexshinobi.com
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.
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.