expection for bullish
LONG , waiting for reverse :
breakout and testing and form lower price ( like in M pattern in the picture)
reason:
RSI overbought
extension fibo already: 1618
breakout structure
TP Retracement fibo: 0.5 @1.40549
SL : below the U turn formation
breakout and testing and form lower price ( like in M pattern in the picture)
reason:
RSI overbought
extension fibo already: 1618
breakout structure
TP Retracement fibo: 0.5 @1.40549
SL : below the U turn formation
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.