It is breaking out of descending resistance after testing the .618 Fibonacci retracement and High Volume Node (HVN) as support. Price broke above the daily pivot and is now swinging below, a recovery above the local swing high will be a bullish signal to go long with a wave 3 target of the R3 daily pivot and major resistance HVN at $1.13.
Analysis is invalidated below $0.54
Safe trading
MSc Financial Econ
PhD Candidate: Investing & Social Mood
Technical Analyst 7 years
Trader / Investor 14 years
Free DeTrended Metrics Report: detrended.substack.com
Members Only Signals: tradesignals.substack.com
PhD Candidate: Investing & Social Mood
Technical Analyst 7 years
Trader / Investor 14 years
Free DeTrended Metrics Report: detrended.substack.com
Members Only Signals: tradesignals.substack.com
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MSc Financial Econ
PhD Candidate: Investing & Social Mood
Technical Analyst 7 years
Trader / Investor 14 years
Free DeTrended Metrics Report: detrended.substack.com
Members Only Signals: tradesignals.substack.com
PhD Candidate: Investing & Social Mood
Technical Analyst 7 years
Trader / Investor 14 years
Free DeTrended Metrics Report: detrended.substack.com
Members Only Signals: tradesignals.substack.com
相關出版品
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。