in this instrument we are having 2 scenarios
1. Long which we can target our bearish's wave Fibonacci retracement levels as we can see there exist a bullish divergence between price and MACD (Green), we have a resistance zone too, which we can have some consolidation or a sharp break trough...
2. Short scenario is also very much possible as we are in a bearish channel so we can have the same trend continued up to our previous support levels
or
we can have both
first short to the support and then long up to the Ultimate long TP
please let us know how do you think it may happen???
1. Long which we can target our bearish's wave Fibonacci retracement levels as we can see there exist a bullish divergence between price and MACD (Green), we have a resistance zone too, which we can have some consolidation or a sharp break trough...
2. Short scenario is also very much possible as we are in a bearish channel so we can have the same trend continued up to our previous support levels
or
we can have both
first short to the support and then long up to the Ultimate long TP
please let us know how do you think it may happen???
Note
we have touched the resistance zone and going for either of the targetsTrade fermée: cible de profit atteinte
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.