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Finsensei69
Aug 21, 2023 10:45 AM

ABNB on a very deciding position 

Airbnb, Inc.NASDAQ

Description

ABNB has seen a rapid fall in the recent past.

Currently, the price is taking support from the 61.8% of fib level which also happens to coincide with a strong Order Block.

On the hind side the price is trading below 200 EMA on all the timeframes starting from 4 hours, it is to be noted that the price has taken support from 200 EMA of the daily timeframe.

It will be fun to see as to who wins the tug-of-war this week, lets sit tight and enjoy the show.
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