Valuetronics - Upside may be limited

٧ يونيو ٢٠٢٠

For traders who like to long, the key resistance at 0.62 is a key crucial level, rejecting it will see the bear resuming its sell down. The only thing supporting the bullish outlook is that the hammer found its support at the immediate support which confluence with the 50% Fibonacci retracement level of the whole bullish up move since 18th March.

٩ يونيو ٢٠٢٠

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Hammer is invalidated after 2nd day of sell-off