quick overview before markets open
The markets closed right on the .618 Fiblevel
-Daily Indicators looks more bullish for me
-Hourly Indicators look more bearish for me (MACD overcross even when its sloppy, and the RSI was rejected at 70)
Its like really a coinflip right now, it kinda wants to take a breath from this heavy downtrend but maybe this was it already.
I expect that the market will recover over the next days to atleast the .5 fiblevel which would bring us 1.20540 and also near the 24H 21EMA.
Later in the day I will update this analysis for specific targets depending on which way the market will move.
-Daily Indicators looks more bullish for me
-Hourly Indicators look more bearish for me (MACD overcross even when its sloppy, and the RSI was rejected at 70)
Its like really a coinflip right now, it kinda wants to take a breath from this heavy downtrend but maybe this was it already.
I expect that the market will recover over the next days to atleast the .5 fiblevel which would bring us 1.20540 and also near the 24H 21EMA.
Later in the day I will update this analysis for specific targets depending on which way the market will move.
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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.
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.