Luxchem- Possible fake buyer move?
I opt to wait for price to retrace into green zone area. 50% Retracement if u use fibonacci.
3 in line support area at 0.62 which i detect as a fake buyer move to trap our retail traders. I believe price will FALL sharply until 0.59 or green zone before continue uptrend.
3 in line support area at 0.62 which i detect as a fake buyer move to trap our retail traders. I believe price will FALL sharply until 0.59 or green zone before continue uptrend.
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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.