It doesn't looking good for BA.
Very important level of support was broken on Friday.
Now, it could be a fake breakout and bounce back from this Fib 0.5 level like it did before.. but the weekly candle closed below that level with heavy volume of sellers.
Now we need to watch for test this previous support which is now turned resistance and if the sellers will push it down (what is most likely to happen), I will take a short position with good R:R to the next major support that seat right on Fib 0.618 and also nice gap that need to be filled.
Good luck ,
Trade safe.
Very important level of support was broken on Friday.
Now, it could be a fake breakout and bounce back from this Fib 0.5 level like it did before.. but the weekly candle closed below that level with heavy volume of sellers.
Now we need to watch for test this previous support which is now turned resistance and if the sellers will push it down (what is most likely to happen), I will take a short position with good R:R to the next major support that seat right on Fib 0.618 and also nice gap that need to be filled.
Good luck ,
Trade safe.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。