Fibre long term analysis (thinking out loud) after 16/8/21
Zooming out to the weekly and daily charts shows we caught fibre at the bottom of a weekly and daily range.
Fibre retested a bearish channel top last week and we have the upside movement to show for it. If you were in on time move stops to break even and await a retracement to 1.1650. this is optimal level to put in another long. If she can hold above 1.185 for a while then we can expect her to rise at least to 1.2090.
Maybe even 1.2180 as she forms a higher time frame bearish channel as shown on the upper red line
Fibre retested a bearish channel top last week and we have the upside movement to show for it. If you were in on time move stops to break even and await a retracement to 1.1650. this is optimal level to put in another long. If she can hold above 1.185 for a while then we can expect her to rise at least to 1.2090.
Maybe even 1.2180 as she forms a higher time frame bearish channel as shown on the upper red line
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.