These are my technical levels for the upside.
Disclaimer: Of course these are just possibilities and it might as well go down. These are just levels that I'm watching.
27k area
- 2 Fib extension,
- 4 hour OrderBlock (OB) stacked with a Fair Value Gap (FVG)
- Golden Pocket
- Daily Naked Point of Control (dNPOC)
- Speed Fan Levels
- 2 Fib Time
Great...
Swing Failure Pattern on the 1 hour chart and the Unbias Trading Health Dots showing red on the rise. Potential for a move lower. Will look for shorts on a retest.
Pulled the Fibonacci Retracement from the last low of 2018. Combined with zooming out to the monthly chart, this current level can be justified still. Now waiting for the monthly close, preferably within the 0.618 to 0.66 level.
Fib Resistance from Corona low to ATH provides support at the 0.618/0.66 level.
Weekly resistance respected so far. Will have to monitor 222 level for the weekly close.
Fib Speed Resistance Fan showing a hit to the dollar on the 0.75.
Increased volume continues after earning