Technical Analysis:
There is a hidden bullish stochastic divergence on the 1D timeframe, indicating a potential continuation of the previous trend. The price has also entered the Fibonacci 0.618 retracement area.
Conclusion:
There is a high probability of seeking BUY positions in the range of 147.800 – 147.000, with a Take Profit target at 151.800 and a Stop Loss at 145.200.
There is a hidden bullish stochastic divergence on the 1D timeframe, indicating a potential continuation of the previous trend. The price has also entered the Fibonacci 0.618 retracement area.
Conclusion:
There is a high probability of seeking BUY positions in the range of 147.800 – 147.000, with a Take Profit target at 151.800 and a Stop Loss at 145.200.
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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.
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.