GBPCAD
Certainly!
"Lower High Lower Low Fib .38" is a concise way of expressing a technical analysis observation:
- **Lower High (LH)**: A peak in the price chart lower than the previous peak.
- **Lower Low (LL)**: A trough in the price chart lower than the previous trough.
- **Fib .38**: Refers to the Fibonacci retracement level of 38.2%, indicating a potential retracement level in the price after observing lower highs and lower lows.
This observation suggests a downtrend in the market, with the Fibonacci level potentially indicating a point of retracement before further decline.
"Lower High Lower Low Fib .38" is a concise way of expressing a technical analysis observation:
- **Lower High (LH)**: A peak in the price chart lower than the previous peak.
- **Lower Low (LL)**: A trough in the price chart lower than the previous trough.
- **Fib .38**: Refers to the Fibonacci retracement level of 38.2%, indicating a potential retracement level in the price after observing lower highs and lower lows.
This observation suggests a downtrend in the market, with the Fibonacci level potentially indicating a point of retracement before further decline.
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.