TIA perfectly hit the -0.618 fib extension at $0.75, completing the 5th wave before getting hit with a sharp sell-off. Since then, we've been in a clear downtrend.
Now I'm watching the $0.5-0.47 zone for the next long entry. We've got some solid confluence stacking up here, with AVWAP, multiple EMAs/SMAs and fib levels all lining up nicely. On top of that, there's liquidity sitting in this zone too.
Plenty of reasons to keep this area on the radar, Now lets see how price reacts when we get there.
_________________________________
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Now I'm watching the $0.5-0.47 zone for the next long entry. We've got some solid confluence stacking up here, with AVWAP, multiple EMAs/SMAs and fib levels all lining up nicely. On top of that, there's liquidity sitting in this zone too.
Plenty of reasons to keep this area on the radar, Now lets see how price reacts when we get there.
_________________________________
💬 If you found this helpful, drop a like and comment!
Nota
Liquidity sweep at $0.52 followed by an immediate bounce 👀🎯Nota
1.136 Fib extension + liquidity sweep:
🏆 Mastering Fibonacci for precision trading
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🏆 Mastering Fibonacci for precision trading
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.