The price is creating a descending channel after the rejection from the supply as I told you in my previous idea.
At the moment the price got bounced from the 1.13 Fibonacci Ext and the market is going to retest the previous daily support as new resistance exactly on 0.618 Fibonacci level.
How to approach?
IF the price is going to have a rejection from that area, we could see a new bearish impulse until the monthly support exactly on 1.272 Fibonacci EXT.
––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
At the moment the price got bounced from the 1.13 Fibonacci Ext and the market is going to retest the previous daily support as new resistance exactly on 0.618 Fibonacci level.
How to approach?
IF the price is going to have a rejection from that area, we could see a new bearish impulse until the monthly support exactly on 1.272 Fibonacci EXT.
––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
