Lean Hogs (HE1!) | 1H
Price has reacted from the recent low near 68.4 and is now testing the Breaker Block around 70.0–70.4. I’m watching for a retest and hold of this zone before considering the long scenario confirmed.
A move back above 71.8 would strengthen the reversal case. The first key level is 75.1; the main target zone is the Fibonacci expansion between 77.8 (1.414) and 79.2 (1.618).
A break below 68.4 would weaken the local reversal setup. The wider idea invalidation shown on the chart is below 65.0.
This is a conditional scenario, not an assumption that the bottom is already in.
Price has reacted from the recent low near 68.4 and is now testing the Breaker Block around 70.0–70.4. I’m watching for a retest and hold of this zone before considering the long scenario confirmed.
A move back above 71.8 would strengthen the reversal case. The first key level is 75.1; the main target zone is the Fibonacci expansion between 77.8 (1.414) and 79.2 (1.618).
A break below 68.4 would weaken the local reversal setup. The wider idea invalidation shown on the chart is below 65.0.
This is a conditional scenario, not an assumption that the bottom is already in.
💬 Channel: telegram.me/fibonacci_flow_fx
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💬 Channel: telegram.me/fibonacci_flow_fx
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.