Price still remains in bullish landscape but where will it return to before launching to the next level? Strong support is below but there is a strong wick candle that reacted to the 50% ratio. I mapped out a possibility for a potential trend line to support the bullish bias. Ideally, Price will return down to the strong support below which is the 618 ratio, before pushing up.. RSI indicates price has found a strong level of support for daily tf..
Note: Trade at your own risk...
Note: Trade at your own risk...
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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.