Selling on recent fib level breakthrough and price action
Fib lines in orange background show the recent low on November 30 to the recent high of 1.64 on June 21(and double top on January 2), and it recently broke through 0.6 fib level and price of 1.6 with great price action and high volume from mid June - July.
There is a fib chart on the far left of the long term bottom in February 2017 up to the recent double(triple?) top in September and October 2018.
Short term target of the 0.786 long term fib level at 1.577, longer term will see deeper bear market.
There is a fib chart on the far left of the long term bottom in February 2017 up to the recent double(triple?) top in September and October 2018.
Short term target of the 0.786 long term fib level at 1.577, longer term will see deeper bear market.
Trade ativo
In short at 1.595Trade fechado manualmente
Closed the short after price action failed to materialize early this week, waiting for new short entry in the 1.60x range
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.