Fibonacci is used along with pivotal resistance. If we go to a 1hr timeframe, we can see head and shoulders pattern. The neckline is retesting the neckline in this timeframe.
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.
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.