Buying Zone around the 1.618 Golden Ratio (3435.255) – A classic Fibonacci extension target indicating a strong potential reversal or take-profit zone.
Price Movement Forecast:
Price is expected to test the Immediate Support (S1) and bounce back.
Resistance levels: R1, then R2 & New ATH (All-Time High).
Take Profits (TP1 & TP2): Clearly marked targets for bullish momentum continuation.
Candlestick Patterns:
Fake Bearish Spinning Top
Bullish Marubozu
Fake Bearish Harami
These patterns typically suggest false bearish signals and continuation of the uptrend.
Price Movement Forecast:
Price is expected to test the Immediate Support (S1) and bounce back.
Resistance levels: R1, then R2 & New ATH (All-Time High).
Take Profits (TP1 & TP2): Clearly marked targets for bullish momentum continuation.
Candlestick Patterns:
Fake Bearish Spinning Top
Bullish Marubozu
Fake Bearish Harami
These patterns typically suggest false bearish signals and continuation of the uptrend.
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.