Macro Picture is a Bull Flag Breakout with Measured Price Target of 1475.
The July 2024 Bull Flag Pole reached the ATH at 2024 year end.
Price pulled back into the Fib Golden Zone in May'2025
Climbing ever since. And more so recently in a bullish Channel.
For the time being, The Fibonacci drawn from ATH to May Low reveals all the significant Levels.
Price just rejected from the 0.85 and 0.786 Sell Zone.
Let's see if the Channel Support and Fib 0.618 Confluence Zone provide a Pivot Support.
Long Term Bullish
Short Term Pullback lower Fibs supports for Buying.
Medium Term expectation is Sideways consolidation between the Fib Zones.
Lower Fib Zones for Buying, Higher Fib Zones For Selling.
The July 2024 Bull Flag Pole reached the ATH at 2024 year end.
Price pulled back into the Fib Golden Zone in May'2025
Climbing ever since. And more so recently in a bullish Channel.
For the time being, The Fibonacci drawn from ATH to May Low reveals all the significant Levels.
Price just rejected from the 0.85 and 0.786 Sell Zone.
Let's see if the Channel Support and Fib 0.618 Confluence Zone provide a Pivot Support.
Long Term Bullish
Short Term Pullback lower Fibs supports for Buying.
Medium Term expectation is Sideways consolidation between the Fib Zones.
Lower Fib Zones for Buying, Higher Fib Zones For Selling.
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.
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.