Topic :
We expect a price correction due to the price hitting the 90.60 resistance area, which is also one of the important supply areas.
Our target price range is 88.08 because:
1- It is a resistance area to which the price has reacted many times
2 - Our uptrend is at the level of 0.382
3 - At the level of 0.382, the pattern AB = CD is located
4 - Our Fibonacci channel is at the level of 0.382
Given all these arguments, one can expect a corrective move to the target price area
I look forward to hearing from you dear ones about my analysis
We expect a price correction due to the price hitting the 90.60 resistance area, which is also one of the important supply areas.
Our target price range is 88.08 because:
1- It is a resistance area to which the price has reacted many times
2 - Our uptrend is at the level of 0.382
3 - At the level of 0.382, the pattern AB = CD is located
4 - Our Fibonacci channel is at the level of 0.382
Given all these arguments, one can expect a corrective move to the target price area
I look forward to hearing from you dear ones about my analysis
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.