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Price is at very strong support based on Fibonacci Retracement.
Stoploss on weekly closing basis
Price is at very strong support based on Fibonacci Retracement.
Stoploss on weekly closing basis
أغلقت الصفقة: تم الوصول لوقف الخسارة
Based on this analysis, the stoploss has triggered as I excepted 40 to be the turnaround level. Nevertheless, the golden ratio zone is between 30-34. A reversal above these levels would be the best place to enter. I still believe a turnaround is just around the corner, but trading is all based on confirmations, and I didn't find one so far.
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إخلاء المسؤولية
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.