The price is expected to rise into the entry zone.
If the setup holds, it should reject from this resistance and fall toward TP1.
A deeper push would target TP2, with the golden ratio zone acting as a potential reaction area.
If the setup holds, it should reject from this resistance and fall toward TP1.
A deeper push would target TP2, with the golden ratio zone acting as a potential reaction area.
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.
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.