WM - Double Top Rejection
WM can be seen to be trending upwards yet facing resistance along fib lines
this is evident along 0.618 a prior point of resistance and a double top
Currently the Fib is 0.786 and is looking very similar to the prior 0.618
Price will likely be rejected and find support again along the major trend line in green
this is evident along 0.618 a prior point of resistance and a double top
Currently the Fib is 0.786 and is looking very similar to the prior 0.618
Price will likely be rejected and find support again along the major trend line in green
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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.
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.