quick overview before markets open
The markets closed right on the .618 Fiblevel
-Daily Indicators looks more bullish for me
-Hourly Indicators look more bearish for me (MACD overcross even when its sloppy, and the RSI was rejected at 70)
Its like really a coinflip right now, it kinda wants to take a breath from this heavy downtrend but maybe this was it already.
I expect that the market will recover over the next days to atleast the .5 fiblevel which would bring us 1.20540 and also near the 24H 21EMA.
Later in the day I will update this analysis for specific targets depending on which way the market will move.
-Daily Indicators looks more bullish for me
-Hourly Indicators look more bearish for me (MACD overcross even when its sloppy, and the RSI was rejected at 70)
Its like really a coinflip right now, it kinda wants to take a breath from this heavy downtrend but maybe this was it already.
I expect that the market will recover over the next days to atleast the .5 fiblevel which would bring us 1.20540 and also near the 24H 21EMA.
Later in the day I will update this analysis for specific targets depending on which way the market will move.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.