KARYON tested resistance level R1 at 0.31 and recovered the pullback with further movement to the upside above Valid DTL. We suggest the price could rally towards the next resistance level R2 coincide Fibonacci target 2.618. On the flipside price movement below 0.20 may push the price lower.
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Comment:
Negative divergence alert on daily chart