OVERALL TREND- PRICE IS CURRENTLY AT CONSOLIDATION ON THE DAILY TF (OF AN OVERALL UPTREND), TRENDING BEARISH ON THE 4H AND 1H.
WE HAVE 3 OPTIONS TO TAKE FROM HERE.
Based on our Fib levels, scenario 1 would present a short where price may look to get down to our 50%, break below, retest and proceed down into our 23.6%.
Scenario 2, price can bounce back up from our 50% to create higher highs and give us long opportunities.
Scenario 3, price can push back above our 61.8%, where we can take a possible long position into higher highs.
Leaning more towards scenario 1 and 2.
What do you think?
WE HAVE 3 OPTIONS TO TAKE FROM HERE.
Based on our Fib levels, scenario 1 would present a short where price may look to get down to our 50%, break below, retest and proceed down into our 23.6%.
Scenario 2, price can bounce back up from our 50% to create higher highs and give us long opportunities.
Scenario 3, price can push back above our 61.8%, where we can take a possible long position into higher highs.
Leaning more towards scenario 1 and 2.
What do you think?
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.